Indiana to lose more than $60M in tobacco settlement money

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Indiana is set to lose more than $60 million in tobacco settlement money as a result of a federal arbitration panel ruling.

Indiana was one of five states found not complying with the terms of a 1998 tobacco settlement.

The state will still receive $68 million from the settlement, just not the full $131 million.

The shortfall is expected to have an impact on several educational programs.

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