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NY S09278

Bill

Status

Introduced

2/24/2026

Primary Sponsor

Nathalia Fernandez

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Amends New York State Finance Law section 99-nn to include interest earned on opioid settlement money as part of the opioid settlement fund
  • Currently, the fund only consists of the principal settlement payments received by the state; this would add accrued interest to the fund balance
  • All money in the fund, including the newly included interest, remains in the fund unless directed otherwise by statute or appropriation
  • Introduced by Senator Fernandez on February 24, 2026 and referred to the Senate Finance Committee
  • Takes effect immediately upon enactment

Legislative Description

Includes interest earned on the monies obtained by the state through the statewide opioid settlement agreement, in the opioid settlement fund.

Last Action

REFERRED TO FINANCE

2/24/2026

Committee Referrals

Finance2/24/2026

Full Bill Text

No bill text available