Virginia’s Opioid Abatement Authority
The Authority, with the assistance of the Office of the Attorney General, would administer the Opioid Abatement Fund, which would receive money 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.
The Virginia Attorney General's office claims Virginia is expected to receive $530 million from the settlement. The commonwealth plans to use the money for the opioid abatement authority.
“No dollar amount will ever be able to bring back the Virginians we have lost to this devastating epidemic, but we can at least dedicate our time and resources to preventing further loss through prevention, treatment, and recovery," Herring said.