2015 New York Laws
STF - State Finance
Article 6 - (State Finance) FUNDS OF THE STATE
97-OOOO*2 - Smart schools bond fund.

*   97-oooo.  Smart schools bond fund. 1. There is hereby established
  in the joint custody of the state comptroller and  the  commissioner  of
  taxation  and  finance  a special fund to be known as the "smart schools
  bond fund".
2. The state comptroller shall deposit into  the  smart  schools  bond
  fund  all  moneys  received  by  the state from the sale of bonds and/or
  notes for uses eligible pursuant to section four of  the  smart  schools
  bond act of 2014.
3.  Moneys  in the smart schools bond fund, following appropriation by
  the legislature and allocation by the director of the budget,  shall  be
  available   only   for   reimbursement   of   expenditures   made   from
  appropriations from the capital projects fund for  the  purpose  of  the
  smart  schools  bond fund, as set forth in the smart schools bond act of
  2014.
4. No moneys received by the state from the sale of bonds and/or notes
  sold pursuant to the smart schools bond act of 2014  shall  be  expended
  for any project until funds therefor have been allocated pursuant to the
  provisions of this section and copies of the appropriate certificates of
  approval filed with the chair of the senate finance committee, the chair
  of the assembly ways and means committee and the state comptroller.
* NB There are 2  97-oooo's