HB 1208 IN Passed One Chamber
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Summary
Specifies that the distribution of funds from an opioid litigation settlement is subject to a bankruptcy court order or bankruptcy settlement. Provides that an annual distribution of less than $5,000 payable to a city or town pursuant to an opioid litigation settlement agreement must be paid instead to the county. (Under current law, the threshold is $1,000.) Specifies that amounts owed by the state for attorney's fees and costs incurred in connection with opioid litigation must be deducted from the opioid settlement distribution payable to the state. Permits a city, county, or town that receives an opioid litigation settlement payment to transfer all or part of the payment to another city, county, or town to be used for the benefit of both communities. Permits a city, county, or town that receives an opioid litigation distribution to sell the right to receive the distribution. Excludes from the agency settlement fund any amount owed for outside counsel attorney's fees, costs, or expenses.
Sponsors (2)
- Michael Karickhoff Republican · author
- Ryan Mishler Republican · sponsor
3 coauthors / cosponsors
- Gregory Steuerwald Republican · coauthor
- Chris Jeter Republican · coauthor
- Philip GiaQuinta Democratic · coauthor
Action history (11)
- Jan 10, 2023 Authored by Representative Karickhoff · lower
- Jan 10, 2023 First reading: referred to Committee on Ways and Means · lower
- Jan 12, 2023 Representative GiaQuinta added as coauthor · lower
- Jan 19, 2023 Representative GiaQuinta removed as coauthor · lower
- Jan 24, 2023 Representatives Steuerwald, Jeter C, GiaQuinta added as coauthors · lower
- Jan 30, 2023 Committee report: amend do pass, adopted · lower
- Feb 2, 2023 Second reading: ordered engrossed · lower
- Feb 6, 2023 Senate sponsor: Senator Mishler · lower
- Feb 6, 2023 Third reading: passed; Roll Call 73: yeas 97, nays 0 · lower
- Feb 7, 2023 Referred to the Senate · lower
- Feb 27, 2023 First reading: referred to Committee on Appropriations · upper
Text versions (2)
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