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AK HB344

Bill

Status

Introduced

2/23/2026

Primary Sponsor

Julie Coulombe

Click for details

Origin

House of Representatives

34th Legislature

AI Summary

  • Establishes the opioid litigation settlement fund as a separate fund in the state treasury under AS 37.14.900
  • Legislature may appropriate settlement proceeds from opioid manufacturers or distributors, plus fund income, into the fund
  • Department of Revenue authorized to spend fund money for opioid remediation consistent with settlement agreements and for fund management costs
  • Money in the fund does not lapse at the end of fiscal years
  • Fund is explicitly not designated as a constitutionally dedicated fund

Legislative Description

Opioid Settlement Fund

Investments

Last Action

REFERRED TO HEALTH & SOCIAL SERVICES

2/23/2026

Committee Referrals

Health & Social Services2/23/2026

Full Bill Text

No bill text available