(a) Fund established. There is an Opioid Abatement Special Revenue Fund into which shall be paid the County’s share of settlement proceeds from the national settlement agreement of the State and national litigation related to the opioid industry, including the manufacturing, marketing, promotion, distribution, and dispensing of opioids.
(b) Special fund. The Opioid Abatement Special Revenue Fund is a special, nonlapsing fund.
(c) Purposes. The revenue paid into the Fund shall be used as permitted by the “State-subdivision agreement between the State of Maryland and local governments on proceeds relating to the settlement of opioids litigation”, dated January 21, 2022, and § 7-331(f) of the State Finance and Procurement Article of the State Code, as amended from time to time.
(Bill No. 18-22)