BILL NUMBER: S9278A
SPONSOR: FERNANDEZ
TITLE OF BILL:
An act to amend the state finance law, in relation to interest earned on
the statewide opioid settlement agreement money
SUMMARY OF SPEFICIC PROVISIONS:
Section 1. Provides that any interest earned on funds received pursuant
to any statewide opioid settlement agreement remains in the fund to be
used for
Section 2. Sets the effective date
PURPOSE AND SPECIFIC PROVISION:
This legislation clarifies that interest earned on money from any state-
wide opioid settlement agreement must remain in that fund to be used for
approved purposes.
LEGISLATIVE HISTORY:
New Legislation
FISCAL IMPLICATIONS:
None to the state
EFFECTIVE DATE:
This act shall take effect immediately
Statutes affected: S9278: 99-nn state finance law, 99-nn(4) state finance law
S9278A: 99-nn state finance law, 99-nn(4) state finance law