MI HB5968

Creates the Michigan opioid healing and recovery fund in the Department of Treasury to receive all proceeds from judgments, settlements, or compromises related to opioid manufacture, marketing, distribution, dispensing, or sale violations.

Requires the State Treasurer to deposit opioid settlement proceeds into the fund (except those from Medicaid false claim act cases) and invest funds consistent with MCL 21.141 to 21.147, with interest credited back to the fund.

Prohibits fund money from lapsing to the general fund at fiscal year end and restricts use to creating or supplementing new programs or services without replacing existing governmental appropriations.

Allows the Department of Treasury to expend fund money on appropriation consistent with the specific judgment or settlement terms, and permits the Attorney General to use fund money for litigation costs and attorney fees incurred in pursuing opioid claims.

Updates the definition of "Medicaid program" in the Michigan Trust Fund Act to reference USC 1396w-6 instead of 1396w-5 and adds the new fund to the act's definitions.