Budget Related Publications 2017 Tobacco Master Settlement Agreement Payment Forecast Subject: Fiscal Policy & Taxes Health Care & Health Insurance Liquor, Tobacco, & Marijuana State Revenue & Budget Published: January 31, 2017 Agency: Legislative Council Staff Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement. In April 2016, the state received $92.3 million. This memorandum presents the distribution of the 2016 payment and forecasts payments through 2019. View Document