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A 5502

Requires annual audits of statewide opioid settlements

2025 Regular Session Introduced by Chantel Jackson

Bill A 5502 mandates annual audits of opioid settlement funds to ensure transparency and accountability, directing resources effectively to combat opioid addiction in communities.

REFERRED TO ALCOHOLISM AND DRUG ABUSE
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Bill Summary · A 5502

Summary of Bill A 5502

Bill Information

  • Bill Number: A 5502
  • Title: Requires annual audits of statewide opioid settlements
  • Status: Referred to Alcoholism and Drug Abuse Committee
  • Introduced: February 14, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill A 5502 is to mandate annual audits of opioid settlement funds received by the state. This legislation aims to ensure transparency and accountability in the management and allocation of funds derived from settlements related to the opioid crisis. By instituting regular audits, the bill seeks to provide oversight on how these funds are utilized, ensuring they are directed towards effective programs and initiatives that address opioid addiction and its impacts on communities.

Key Provisions

  • Annual Audits: The bill requires that all opioid settlement funds received by the state undergo an annual audit. This audit will assess the financial management of the funds and evaluate their effectiveness in addressing opioid-related issues.
  • Reporting Requirements: The results of these audits must be compiled into a report that is made publicly available. This transparency is intended to keep stakeholders informed about how the funds are being used and the outcomes of funded programs.
  • Oversight Mechanism: The bill establishes a framework for oversight to ensure that the funds are allocated appropriately and that there is accountability for their use.

Who Would Be Affected

  • State Government: The bill places additional responsibilities on state agencies involved in the management of opioid settlement funds, requiring them to comply with audit processes.
  • Communities Impacted by Opioid Crisis: The communities that benefit from opioid settlement funds will be directly affected, as the audits will help ensure that resources are effectively allocated to programs aimed at combating opioid addiction and supporting recovery efforts.
  • Public Stakeholders: The general public, including advocacy groups and individuals affected by the opioid crisis, will benefit from increased transparency and accountability regarding the use of settlement funds.

Procedural Aspects

  • Current Status: As of February 14, 2025, the bill has been referred to the Alcoholism and Drug Abuse Committee for further consideration.
  • Related Legislation: This bill is related to A 10590, which was introduced in a prior session, indicating ongoing legislative efforts to address the opioid crisis through financial accountability.

Conclusion

Bill A 5502 represents a significant step towards enhancing the transparency and accountability of opioid settlement funds in the state. By requiring annual audits, the bill aims to ensure that these critical resources are used effectively to combat the opioid epidemic and support affected communities. The ongoing legislative process will determine the bill's future and its potential impact on public health initiatives.

Compiled from official sources — confirm details with the bill’s official record.

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