MI SB0993

Creates the Michigan opioid healing and recovery fund within the department of treasury to receive all proceeds from judgments, settlements, or compromises related to opioid manufacturing, marketing, distribution, dispensing, or sale violations.

State treasurer shall deposit opioid-related settlement proceeds into the fund, with exceptions for funds received under the Medicaid false claim act.

Fund money must remain in the fund at fiscal year close and cannot lapse to the general fund; earnings and interest from fund investments must be credited back to the fund.

Money from the fund must be used to create or supplement programs and services consistent with the settlement terms, and cannot replace other governmental funds that would otherwise be appropriated for other purposes.

Attorney general may expend money from the fund on appropriation to pay costs and reasonable attorney fees for pursuing opioid judgments or settlements, with a requirement to attempt recovery of these costs from defendants or other sources first.