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FL H5013
Bill
Status
Passed
6/3/2022
Primary Sponsor
Appropriations Committee
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AI Summary
- Creates the Opioid Settlement Clearing Trust Fund within the Department of Financial Services to receive payments from opioid-related litigation settlements and bankruptcies, including In re: Malinckrodt PLC, Case No. 20-12522
- Divides the trust fund into a regional subfund and a state subfund, with the regional subfund receiving 47% of deposits from 2022–2027, gradually decreasing to 35% from 2037 onward, and the state subfund receiving all remaining funds
- Authorizes disbursements from the regional subfund to qualifying counties with populations of at least 300,000 that have an opioid task force, an adopted abatement plan as of December 31, 2021, existing substance abuse services, and interlocal agreements with a majority of their municipalities
- Requires state subfund disbursements to be transferred to opioid settlement trust funds of various state agencies as directed by the General Appropriations Act, with all funds used exclusively to abate the opioid epidemic
- Exempts the trust fund from service charges under s. 215.20 and from the constitutional trust fund termination provisions, and takes effect upon becoming law
Legislative Description
Trust Fund/Opioid Settlement Clearing Trust Fund/DFS
Last Action
Chapter No. 2022-161
6/3/2022
Full Bill Text
No bill text available