The bill establishes the Opioid Prevention and Rehabilitation Program Fund in New Jersey, aimed at supporting treatment programs for individuals who are uninsured, underinsured, or enrolled in Medicaid. To fund this initiative, a tax is imposed on wholesale distributors of opioid drugs at a rate of one cent ($0.01) per milligram of active opioid ingredient for the first distribution of such drugs in the state. The tax will be governed by the State Uniform Tax Procedure Law, and the collected funds will be deposited into the newly created fund.

Additionally, the bill mandates that the Legislature annually appropriate all monies from the Opioid Prevention and Rehabilitation Program Fund to the Department of Human Services to support the aforementioned treatment programs. The act is set to take effect immediately and will apply to wholesale distributions of opioid drugs made on or after the first day of the second calendar quarter following its enactment.