Bill Title: Amends the State Finance Act to create the Depakote Settlement Fund as a special fund in the State Treasury. Provides that all moneys paid to the State pursuant to (1) the Final Consent Judgment entered in the case of The People of the State of Illinois v. Abbott Laboratories and (2) the Settlement Agreement entered in the case of United States v. Abbott Laboratories, as well as any other moneys as provided by law, shall be deposited into the Fund. Provides that moneys deposited in the Depakote Settlement Fund may be appropriated to provide community services for persons with serious mental illness. Provides that funds appropriated from the Depakote Settlement Fund shall not replace, but are in addition to, any existing funding of community services for persons with serious mental illness. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB1501 Detail]

Text: Latest bill text (Introduced) [HTML]

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