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2021 Special Session I

Budget Amendments - HB1800 (Floor Approved)

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Settlements for Opioid Related Litigation - OAG Revolving Trust Fund (language only)

Item 59 #2h

Item 59 #2h

Executive Offices
Attorney General and Department of Law

Language

Page 50, line 32, before "Included" insert "A.1."

Page 50, after line 49, insert:

"2. Notwithstanding any provision of law, any funds deposited into the Regulatory, Consumer Advocacy, Litigation, and Enforcement Revolving Trust Fund (Revolving Trust Fund) related to the manufacture, sale, or marketing of opioids shall remain in the Fund until the provisions of House Bill 2322, 2021 General Assembly are effectuated. Upon written request of the Office of Attorney General, the State Treasurer upon warrants issued by the Comptroller shall transfer any money related to the manufacture, sale, or marketing of opioids held in the Revolving Trust Fund to the Opioid Abatement Authority and Fund established by House Bill 2322, 2021 General Assembly."



Explanation

(This amendment authorizes the Office of the Attorney General to make settlement deposits from opioid related litigation into the Revolving Trust Fund until such time the provisions of House Bill 2322, 2021 General Assembly are effectuated, creating the Opioid Abatement Fund and Authority.)