Bill

Bill > S7032


FL S7032

FL S7032
Trust Funds/State Opioid Settlement Trust Fund/Department of Health


summary

Introduced
03/21/2023
In Committee
04/03/2023
Crossed Over
04/03/2023
Passed
Dead
05/05/2023

Introduced Session

Potential new amendment
2023 Regular Session

Bill Summary

Creating the State Opioid Settlement Trust Fund within the Department of Health; providing the purpose of the trust fund; specifying the funding source for the trust fund; providing for the reversion of certain funds to the Department of Financial Services Opioid Settlement Clearing Trust Fund; providing for future review and termination or re-creation of the trust fund, etc.

AI Summary

This bill creates the State Opioid Settlement Trust Fund within the Department of Health. The purpose of the trust fund is to abate the opioid epidemic in accordance with settlement agreements reached by the state in opioid-related litigation or bankruptcy proceedings. The Department of Financial Services will annually transfer a specified amount from its Opioid Settlement Clearing Trust Fund to the Department of Health's State Opioid Settlement Trust Fund. Any unencumbered or undisbursed balance in the trust fund will revert to the Department of Financial Services Opioid Settlement Clearing Trust Fund. The State Opioid Settlement Trust Fund is scheduled to terminate on July 1, 2027, unless terminated sooner, and will be reviewed before its scheduled termination.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations Committee on Health and Human Services (S)

Last Action

Died in Conference Committee, companion bill(s) passed, see SB 2500 (Ch. 2023-239) (on 05/05/2023)

bill text


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