STATE OF NEW YORK
________________________________________________________________________
9278
IN SENATE
February 24, 2026
___________
Introduced by Sen. FERNANDEZ -- read twice and ordered printed, and when
printed to be committed to the Committee on Finance
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