Florida Statutes 17.42 – Opioid Settlement Clearing Trust Fund
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(1) The Opioid Settlement Clearing Trust Fund is created within the department.
(2) Funds to be credited to the Opioid Settlement Clearing Trust Fund shall consist of payments received by the state from settlements reached with distributors as part of In re Mallinckrodt PLC, Case No. 20-12522 (Bankr. D. Del. 2021) and any other similar settlements in opioid-related litigation or bankruptcy. Funds received from such settlements and deposited into the trust fund are exempt from the service charges imposed under s. 215.20.
(3) Funds deposited into the Opioid Settlement Clearing Trust Fund shall be subdivided as follows:
(a) Regional subfund.–The following amounts shall be deposited into the regional subfund each year:
1. From 2022 to 2027, inclusive, 47 percent.
2. From 2028 to 2030, inclusive, 41 percent.
3. From 2031 to 2033, inclusive, 40 percent.
4. From 2034 to 2036, inclusive, 39 percent.
5. From 2037 to any subsequent year, inclusive, 35 percent.
Terms Used In Florida Statutes 17.42
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(b) State subfund.–The state subfund shall be funded with all remaining funds after funds allocated for the regional subfund are deposited.
(4) The department is authorized to draw warrants for amounts for which the Department of Legal Affairs notifies the Chief Financial Officer to draw warrants and withdraw such amounts from the regional subfund to pay amounts due pursuant to the terms of any allocation agreement or settlement to a county within the state that:
(a) Has a population of at least 300,000 according to the United States Census Bureau population estimates as of July 1, 2019, released March 2020, or the United States Decennial Census of 2020, released August and September 2021;
(b) Has an opioid task force of which the county is a member or operates in connection with its municipalities or others on a local or regional basis. As used in this paragraph, the term “task force” includes any department, committee, commission, or bureau established by the county to collect information related to substance abuse disorders in the county and provide that information to the county, along with recommendations on responding to the opioid epidemic, so long as the department, committee, commission, or bureau allows municipalities and others to participate in whatever process is undertaken;
(c) As of December 31, 2021, has an abatement plan that has been adopted or is being used to respond to the opioid epidemic;
(d) As of December 31, 2021, provides or contracts with others to provide substance abuse prevention, recovery, and treatment services to its citizens; and
(e) Enters or has entered into an interlocal written agreement with a majority of the municipalities located within the county’s boundaries. As used in this paragraph, the term “majority” means more than 50 percent of the population of the municipalities located within the boundaries of a county. For purposes of calculating a majority, individuals living in unincorporated portions of a county may not be counted.
(5) The department shall disburse funds from the state subfund, by nonoperating transfer, of the Opioid Settlement Clearing Trust Fund to the opioid settlement trust funds of the various agencies, as appropriate, as provided in the General Appropriations Act.
(6) Funds disbursed or transferred under this section shall be used by the state, its agencies, its contractors, and its subdivisions and their contractors to abate the opioid epidemic.
(7) Pursuant to s. 19(f)(3), Fla. Const. Art. III, the Opioid Settlement Clearing Trust Fund is exempt from the termination provisions of s. 19(f)(2), Fla. Const. Art. III.