Indiana Code 4-12-16.2-5. State unrestricted opioid settlement account; state abatement opioid settlement account
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Sec. 5. The following accounts are established within the fund:
(2) The state abatement opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(3) and the balance of any opioid litigation settlements remaining prior to the passage of P.L.72-2022. Money in the account is continuously appropriated to the office of the secretary of family and social services for treatment, education, recovery, and prevention programs for opioid use disorder and any co-occurring substance use disorder or mental health issues as defined or required by the settlement documents or court order. Before the funds received under this subdivision may be distributed, the office of the secretary of family and social services shall submit a distribution plan to the budget committee for review.
(1) The state unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(1) and any interest earnings that accrue to the fund under section 7 of this chapter. Expenditures from the account may be made only after appropriation of the money in the account by the general assembly. Money in the account must be used by the state for oversight and administration of programs for treatment, education, recovery, and prevention of opioid use disorder and any co-occurring substance use disorders or mental health issues.
Terms Used In Indiana Code 4-12-16.2-5
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- fund: means the state opioid settlement fund established by section 2 of this chapter. See Indiana Code 4-12-16.2-1
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Oversight: Committee review of the activities of a Federal agency or program.
- 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.
As added by P.L.201-2023, SEC.70.