Bill

Bill > HB848


MS HB848

Opioid Settlement Fund Committee; create to disburse opioid litigation settlement monies.


summary

Introduced
01/16/2025
In Committee
02/17/2025
Crossed Over
02/10/2025
Passed
Dead
03/12/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

An Act To Create The Opioid Settlement Fund Committee For The Purpose Of Annually Determining The Allocation Of Monies Received From Opioid Litigation Settlements And Deposited Into The Opioid Settlement Fund; To Designate The Members Of The Committee; To Require The Attorney General To Convene The Committee Within Six Months After Passage Of This Act; To State Certain Purposes For Which Grants From Opioid Litigation Settlement Monies May Be Awarded By The Committee; To Authorize The Attorney General To Remit Electronic Transfers Of Funds To The Opioid Settlement Fund; To Require The Attorney General To Annually Submit An Itemized Financial Report To The Legislature And The State Auditor On Disbursements Made From The Fund By The Committee; To Amend Section 27-103-305, Mississippi Code Of 1972, In Conformity To The Provisions Of This Act; And For Related Purposes.

AI Summary

This bill creates the Opioid Settlement Fund Committee, a 15-member body composed of state government officials and organizational leaders, to manage and disburse funds from opioid litigation settlements. The committee's primary purpose is to annually select grant recipients and allocate money received from settlements with opioid manufacturers, distributors, and retailers. The committee can award grants to support various programs including drug education and prevention in schools, nonprofit chemical dependency centers, drug court programs, healthcare institutions, and other entities that align with settlement agreements. The Attorney General will oversee the committee, convene its initial meeting within six months of the act's passage, and be responsible for creating grant application processes and rules. The bill requires the Attorney General to submit an annual itemized financial report to the Legislature and State Auditor by January 5th each year, and allows electronic fund transfers to the Opioid Settlement Fund. The bill specifically mentions settlements with companies like Cardinal Health, McKesson, Janssen Pharmaceuticals, and others, and ensures that settlement funds cannot lapse into the general fund at the end of a fiscal year. The committee is administratively attached to the Attorney General's office and is designed to strategically use opioid settlement funds to address substance abuse and related healthcare challenges in Mississippi.

Committee Categories

Health and Social Services, Justice

Sponsors (2)

Last Action

Died On Calendar (on 03/12/2025)

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