Senate Bill 2528 (2022) — Trust funds

SB 2528

Florida Bills

Florida Senate - 2022 SB By the Committee on Appropriations 576-02898-22 20222528__ CODING: Words stricken are deletions; words underlined are additions. A bill to be entitled

An act relating to trust funds; amending s. 20.195, 2 F.S.; creating the Opioid Settlement Trust Fund within the Department of Children and Families; providing for sources of moneys; providing for reversion of unencumbered and undisbursed balances; providing for future review and termination of the fund; providing an effective date. 8

Be It Enacted by the Legislature of the State of Florida: 10

Section 1. Subsection (11) is added to

section 20.195, 12 Florida Statutes, to read: 13 20.195 Department of Children and Families; trust funds. —14 The following trust funds shall be administered by the Department of Children and Families: 16

(11) Opioid Settlement Trust Fund. 17

(

a) The Opioid Settlement Trust Fund is created within the Department of Children and Families. 19

(

b) Funds to be credited to the trust fund shall consist of funds disbursed, by nonoperating transfer, from the Department of Financial Services Opioid Settlement Clearing Trust Fund in amounts equal to the annual appropriations made from this trust fund. 24

(

c) Notwithstanding s. 216.301 and pursuant to s. 216.351, 25 any unencumbered balance in the trust fund at the end of any fiscal year and any encumbered balance remaining undisbursed on December of the same calendar year shall revert to the Department of Financial Services Opioid Settlement Clearing Florida Senate - 2022 SB 2528 576-02898-22 20222528__ CODING: Words stricken are deletions; words underlined are additions. Trust Fund. 30

(

d) In accordance with s. 19(f), Art. III of the State Constitution, the trust fund, unless terminated sooner, shall be terminated on July 1, 2026. Before its scheduled termination, 33 the trust fund shall be reviewed as provided in s. 215.3206(1) 34 and (2). 35

Section 2. This act shall take effect July 1, 2022. 36

Document details

Collection	Florida Bills
Citation	SB 2528
Type	bill
Language	en
Format	pdf
Source	FL_SENATE
Identifier	cc9963a3eacd6c652b27d47ce1ef7281cc020c19

Source file is stored in the law ingest library (pdf).