Florida Senate - 2023 (PROPOSED BILL) SPB 7036 FOR CONSIDERATION By the Appropriations Committee on Criminal and Civil Justice 604-02488-23 20237036pb 1 A bill to be entitled 2 An act relating to trust funds; creating s. 985.693, 3 F.S.; creating the Opioid Settlement Trust Fund within 4 the Department of Juvenile Justice; providing the 5 purpose of the trust fund; providing sources of funds; 6 providing for the reversion of funds in the Opioid 7 Settlement Trust Fund; providing for future review and 8 termination or re-creation of the trust fund; 9 providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Section 985.693, Florida Statutes, is created to 14 read: 15 985.693 Opioid Settlement Trust Fund.— 16 (1) The Opioid Settlement Trust Fund is created within the 17 Department of Juvenile Justice. The purpose of the trust fund is 18 to abate the opioid epidemic in accordance with the settlement 19 agreements reached by the state in opioid-related litigation or 20 bankruptcy proceedings. 21 (2) Funds to be credited to the trust fund shall consist of 22 funds disbursed, by nonoperating transfer, from the Department 23 of Financial Services’ Opioid Settlement Clearing Trust Fund in 24 amounts equal to the annual appropriations made from this trust 25 fund. 26 (3) Notwithstanding s. 216.301 and pursuant to s. 216.351, 27 any unencumbered balance in the trust fund at the end of any 28 fiscal year and any encumbered balance remaining undisbursed on 29 September 30 of the same calendar year shall revert to the 30 Department of Financial Services’ Opioid Settlement Clearing 31 Trust Fund. 32 (4) In accordance with s. 19(f), Art. III of the State 33 Constitution, the Opioid Settlement Trust Fund, unless 34 terminated sooner, shall be terminated on July 1, 2027. Before 35 its scheduled termination, the trust fund shall be reviewed as 36 provided in s. 215.3206(1) and (2). 37 Section 2. This act shall take effect July 1, 2023.