Includes interest earned on opioid settlement funds in the opioid settlement fund and mandates spending on approved uses.
This bill amends the real property tax law to include interest earned on monies obtained by the state through the statewide opioid settlement agreement in the opioid settlement fund. It also requires any New York subdivision that receives funds pursuant to an opioid settlement agreement to spend interest earned on such funds on approved uses.
Included in complete analysis
- Overview
- Core Provisions
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- Legal Framework
- Critical Issues
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