Florida Senate - 2023                                    SB 7028
       
       
        
       By the Appropriations Committee on Health and Human Services
       
       
       
       
       
       603-02814-23                                          20237028__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; amending s. 20.425,
    3         F.S.; creating the State Opioid Settlement Trust Fund
    4         within the Agency for Health Care Administration;
    5         providing the purpose of the trust fund; specifying
    6         the funding source for the trust fund; providing for
    7         the reversion of certain funds to the Department of
    8         Financial Services Opioid Settlement Clearing Trust
    9         Fund; providing for future review and termination or
   10         re-creation of the trust fund; providing an effective
   11         date.
   12          
   13  Be It Enacted by the Legislature of the State of Florida:
   14  
   15         Section 1. Subsection (9) is added to section 20.425,
   16  Florida Statutes, to read:
   17         20.425 Agency for Health Care Administration; trust funds.
   18  The following trust funds shall be administered by the Agency
   19  for Health Care Administration:
   20         (9) State Opioid Settlement Trust Fund.—
   21         (a) The State Opioid Settlement Trust Fund is created
   22  within the Agency for Health Care Administration. The purpose of
   23  the trust fund is to abate the opioid epidemic in accordance
   24  with the settlement agreements reached by the state in opioid
   25  related litigation or bankruptcy proceedings.
   26         (b) The Department of Financial Services shall annually
   27  transfer, by nonoperating transfer, the amount specified in the
   28  General Appropriations Act from its Opioid Settlement Clearing
   29  Trust Fund to the agency’s State Opioid Settlement Trust Fund.
   30         (c) Notwithstanding s. 216.301 and pursuant to s. 216.351,
   31  any unencumbered balance in the trust fund at the end of any
   32  fiscal year and any encumbered balance remaining undisbursed on
   33  September 30 of the same calendar year shall revert to the
   34  Department of Financial Services Opioid Settlement Clearing
   35  Trust Fund.
   36         (d) In accordance with s. 19(f)(2), Art. III of the State
   37  Constitution, the State Opioid Settlement Trust Fund shall be
   38  terminated on July 1, 2027, unless terminated sooner. Before its
   39  scheduled termination, the trust fund shall be reviewed as
   40  provided in s. 215.3206(1) and (2).
   41         Section 2. This act shall take effect July 1, 2023.