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A10234 Summary:

BILL NOA10234
 
SAME ASSAME AS S09278
 
SPONSORSteck
 
COSPNSR
 
MLTSPNSR
 
Amd §99-nn, St Fin L
 
Includes interest earned on the monies obtained by the state through the statewide opioid settlement agreement, in the opioid settlement fund.
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A10234 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10234
 
                   IN ASSEMBLY
 
                                    February 12, 2026
                                       ___________
 
        Introduced  by M. of A. STECK -- read once and referred to the Committee
          on Alcoholism and Drug Abuse
 
        AN ACT to amend the state finance law, in relation to interest earned on
          the statewide opioid settlement agreement money
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 4 of section 99-nn of the state finance law, as
     2  amended  by  chapter  171  of  the  laws  of 2022, is amended to read as
     3  follows:
     4    4. Notwithstanding subdivision eleven of section four of this chapter,
     5  such fund shall consist of money received by the state pursuant  to  any
     6  statewide opioid settlement agreements, including any interest earned on
     7  such  money,  as defined in section 25.18 of the mental hygiene law. All
     8  moneys shall remain in such fund unless and until directed by statute or
     9  appropriation.
    10    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14836-01-6
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