Adds interest earned on opioid settlement funds to the opioid settlement fund and requires spending on approved uses.
The bill amends the state finance law to include interest earned on monies obtained through the statewide opioid settlement agreement in the opioid settlement fund. It mandates that any New York subdivision receiving funds from the opioid settlement agreement must spend the interest earned on approved uses, as defined in the mental hygiene law. The fund's money remains there until directed by statute or appropriation.
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- Core Provisions
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- Legal Framework
- Critical Issues
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