Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB610 Compare Versions

Version 1 (Old)

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3		-	ENGR. S. B. NO. 610 Page 1 1
	3	+	SENATE FLOOR VERSION - SB610 SFLR Page 1
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28		-	ENGROSSED SENATE
29		-	BILL NO. 610 By: McCortney of the Senate
	29	+	SENATE FLOOR VERSION
	30	+	February 24, 2021
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	32	+
	33	+	COMMITTEE SUBSTITUTE
	34	+	FOR
	35	+	SENATE BILL NO. 610 By: McCortney of the Senate
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31	37		and
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33	39		Hilbert of the House
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38	43		An Act relating to public finance; creatin g the
39	44		Opioid Settlement and Judgment Revolving Fund;
40	45		specifying type of fund; providing sources of monies;
41	46		requiring the Attorney General to ensu re deposit of
42	47		funds; requiring investment of monies; authorizing
43	48		appropriation of portion of monies; providing method
44	49		of calculation; providing for expe nditure of fund;
45	50		providing allowable expenses; providing for
46	51		codification; and declaring an emergency.
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52	55		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
53	56		SECTION 1. NEW LAW A new section of law to be codified
54	57		in the Oklahoma Statutes as Section 2401 of Title 62, unless there
55	58		is created a duplication in numbering, reads as follows:
56	59		There is hereby created in the State Treasury a revolving fund
57	60		to be designated the “Opioid Settlement and Judgment Revolving
58	61		Fund”. The fund shall be a continuing fund, not subject to fiscal
59	62		year limitations. The fund shall consist of all monies received by
60	63		this state:
61	64		1. From any settlement agreement entered into on or after the
62	65		effective date of this a ct with one or more manufacturers,
63		-	distributors or wholesalers of opioid drugs or any other person or
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65		-	ENGR. S. B. NO. 610 Page 2 1
	67	+	SENATE FLOOR VERSION - SB610 SFLR Page 2
	68	+	(Bold face denotes Committee Amendments) 1
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	93	+	distributors or wholesalers of opioid drugs or any other person or
90	94		entity involved in the opioid drug supply chain , to the extent
91	95		allowed under the terms of such settlement agreement ; or
92	96		2. From any final judgment issued on or after the effective
93	97		date of this act against one or more manufacturers, distributors or
94	98		wholesalers of opioid drugs or any other person or entity involved
95	99		in the opioid drug supply chain , to the extent allowed under the
96	100		terms of such judgment.
97	101		It shall be the duty of the Attorney Gen eral to ensure that
98	102		funds received by the state pursuant to a settlement agreement or
99	103		final judgment are promptly deposited into the revolving fund.
100	104		SECTION 2. NEW LAW A new se ction of law to be codified
101	105		in the Oklahoma Statutes as Section 2402 of Title 62, unless there
102	106		is created a duplication in numbering, reads as follows:
103	107		The State Treasurer shall inve st the entirety of the Opioid
104	108		Settlement and Judgment Revolving Fund established in Section 1 o f
105	109		this act as provided by law inclu ding, but not limited to, Sections
106	110		89.1a and 89.2 of Title 62 of the Oklahoma Statutes . For each state
107	111		fiscal year, beginning with the state fiscal year ending June 30,
108	112		2023, a portion of the fund, not to exceed four percent (4%) of the
109	113		balance of the fund, may be appropriated by the Legislature solely
110	114		for the purposes listed in Section 3 of this act. No later than
111	115		February 1 of each year, the State Treasurer shall calculate the
112	116		numerical value in do llars and cents of four percent (4%) of the
113		-	balance of the fund as of January 1 of the same year and shall
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115		-	ENGR. S. B. NO. 610 Page 3 1
	118	+	SENATE FLOOR VERSION - SB610 SFLR Page 3
	119	+	(Bold face denotes Committee Amendments) 1
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	144	+	balance of the fund as of January 1 of the same year and shall
140	145		provide the amount in a written report to the chair of the Senate
141	146		Appropriations Committee and the chair of the House Appropriations
142	147		and Budget Committee.
143	148		SECTION 3. NEW LAW A new section of law to be codified
144	149		in the Oklahoma Statutes as Section 2403 of Title 62, unless there
145	150		is created a duplication in numbering, reads as follows:
146	151		To the extent allowed under the terms of applic able settlement
147	152		agreements or judgments, the portion of monies from the Opioid
148	153		Settlement and Judgment Revolving Fund available for appropriation
149	154		by the Legislature as provided in Section 2 of this act shall be
150	155		expended solely to abate the opioid epidemic utilizing strategi es
151	156		including, but not limited to, evidence-based treatment, counseling,
152	157		prevention, education and coordination of services for opioid use
153	158		disorder and co-occurring substance use disorders including, but not
154	159		limited to, medication -assisted treatment approved by the Food and
155	160		Drug Administration and drug court programs.
156	161		SECTION 4. It being immediately necessary for the preservation
157	162		of the public peace, health or safety, a n emergency is hereby
158	163		declared to exist, by reason whereof this act shall ta ke effect and
159	164		be in full force from and after it s passage and approval.
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186		-	Passed the Senate the 4th day of March, 2021.
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190		-	Presiding Officer of the Senate
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193		-	Passed the House of Representatives the ____ day of __________,
194		-	2021.
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198		-	Presiding Officer of the House
199		-	of Representatives
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	165	+	COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS
	166	+	February 24, 2021 - DO PASS AS AMENDED