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2012 New York Consolidated Laws
STF - State Finance
Article 6 - (70 - 99-T) FUNDS OF THE STATE
89-E - Alzheimer's disease assistance fund.


NY State Fin L § 89-E (2012) What's This?
 
    §  89-e.  Alzheimer's  disease  assistance  fund.  1.  There is hereby
  established in the joint custody of the  commissioner  of  taxation  and
  finance  and  the  comptroller,  a  special  fund  to  be  known  as the
  "Alzheimer's disease assistance fund".
    2. Such fund shall consist of all revenues received by the  department
  of  taxation  and  finance,  pursuant  to  the provisions of section six
  hundred twenty-nine of the tax law and all  other  moneys  appropriated,
  credited,  or transferred thereto from any other fund or source pursuant
  to law.  For each state fiscal year, there shall be appropriated to  the
  fund  by  the  state,  in  addition  to  all other moneys required to be
  deposited into such fund, an amount  equal  to  the  amounts  of  monies
  collected  and  deposited  into the fund pursuant to section six hundred
  twenty-nine of the tax  law  during  the  preceding  calendar  year,  as
  certified by the comptroller. Nothing contained herein shall prevent the
  state  from  receiving grants, gifts or bequests for the purposes of the
  fund as defined in this  section  and  depositing  them  into  the  fund
  according to law.
    2-a. On or before the first day of February each year, the comptroller
  shall  certify  to  the  governor,  temporary  president  of the senate,
  speaker of the assembly, chair of the senate finance committee and chair
  of the assembly ways and means committee, the amount of money  deposited
  in  the  Alzheimer's research fund during the preceding calendar year as
  the  result  of  revenue  derived  pursuant  to  section   six   hundred
  twenty-nine of the tax law.
    3.  Moneys  in  the  Alzheimer's disease assistance fund shall be kept
  separate and shall not be  commingled  with  any  other  moneys  in  the
  custody of the commissioner of taxation and finance and the comptroller.
    4.  The  moneys  in  such fund shall be expended only for the purposes
  spelled out in paragraph (b) of subdivision six of section  twenty-seven
  hundred one of the public health law.
    5.  All  payments  form  such  fund shall be made by the department of
  taxation and finance after audit  and  warrant  of  the  comptroller  on
  vouchers approved by the commissioner of health.

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