Ind. Code ch. 4-12-16.3

in effect

Ind. Code § 4-12-16.3-1 "Fund"

Sec. 1. As used in this chapter, "fund" means the local opioid settlement fund established by section 2 of this chapter. As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-2 Local opioid settlement fund

Sec. 2. The local opioid settlement fund is established. As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-3 Sources of money for the fund

Sec. 3. The fund consists of: (1) all funds received by the state for the benefit of communities under: (A) multi-state and Indiana specific opioid litigation settlements described in IC 4-6-15; and (B) any other form of opioid litigation agreement that: (i) is enforceable by a court; and (ii) settles litigation between the state and another party; and (2) all money recovered as court costs or costs related to opioid litigation that is distributed to the fund under IC 4-6-15-4(a)(2) and IC 4-6-15-4(a)(4). As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-4 Fund administered by the attorney general

Sec. 4. The fund shall be administered by the office of the attorney general. As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-5 Local unrestricted opioid settlement account; local abatement opioid settlement account

Sec. 5. The following accounts are established within the fund: (1) The local unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(2). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(2). (2) The local abatement opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(4). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(4). As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-6 Expenses paid from money in the local unrestricted opioid settlement account

Sec. 6. The expenses of administering the fund shall be paid from money in the local unrestricted opioid settlement account established by section 5(1) of this chapter. As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-7 Investment of money in the fund

Sec. 7. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. As added by P.L.201-2023, SEC.71.

Ind. Code § 4-12-16.3-8 Money in the fund does not revert

Sec. 8. Money in the fund at the end of a state fiscal year does not revert to the state general fund. As added by P.L.201-2023, SEC.71.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026