HB 2322 (Herring) and SB 1469 (Barker) establish the Opioid Abatement Authority. The Authority, with the assistance of the Office of the Attorney General, would administer the Opioid Abatement Fund, which would receive funds from settlements, judgments, verdicts, and other court orders, or related agreements, concerning claims regarding the manufacturing, marketing, distribution, or sale of opioids that would be used to provide grants and loans to Virginia agencies and certain localities for the purpose of treating, preventing, and reducing opioid use disorder and the misuse of opioids in the Commonwealth. This bill sets forth the method of disbursement of funds received from potential settlement of the ongoing Opioid litigation. It includes designation of representatives to a new Opioid Authority.
VACo Contact: Phyllis Errico, Esq., CAE