SB 861 Summary

• Creates the opioid settlement trust fund within the state treasury to receive and manage money from opioid manufacturer lawsuit settlements.

• Requires the state treasurer to deposit all opioid settlement proceeds into the trust fund and directs investment of those funds with interest and earnings credited back to the fund.

• Prohibits opioid settlement trust fund money from lapsing into the general fund at the end of the fiscal year; funds remain in the trust account.

• Designates the Department of Treasury as administrator of the opioid settlement trust fund for auditing purposes.

• Restricts expenditures from the fund to state-sponsored opioid treatment and awareness programs, subject to legislative appropriation.