Fifteen years ago this month, tobacco companies agreed to pay states billions of dollars in the largest civil litigation settlement in US history. Georgia has received about $2 billion from the settlement. So, where did that $2 billion in tobacco settlement money go?
Georgia is one of 17 states this week to settle a ten year-old tobacco dispute. The states had argued with four companies over payments under the 1998 Master Settlement Agreement. Georgia will get 56 million dollars for 2013 and the agreement ensures continued payments in the future.
Governor Sonny Perdue has announced which rural areas are getting funds from this year's tobacco settlement money. And the big winner isn't rural at all. Metro Savannah gets the largest award in this year's grants from the One Georgia Authority. The grant will help Gulfstream Aerospace build a new facility that's designed to add 1,000 new jobs.