House Bill No. 2777 establishes appropriations to the Oklahoma Opioid Abatement Revolving Fund, specifically allocating a total of $21,253,658. This includes $20 million from the Opioid Lawsuit Settlement Fund for general use and an additional $1,253,658 designated for distribution to non-litigating subdivisions. The bill specifies that these funds are to be budgeted and expended in accordance with existing law.

The act is set to take effect on July 1, 2025, and includes a declaration of emergency, allowing for immediate implementation upon passage and approval. This urgency underscores the importance of addressing the opioid crisis in Oklahoma through the timely allocation of these funds.