2015 New York Laws
STF - State Finance
Article 6 - (State Finance) FUNDS OF THE STATE
97-UUU*2 - Transportation infrastructure bond fund.

*   97-uuu.  Transportation  infrastructure  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
  "transportation infrastructure bond fund."
2.  The  comptroller  shall  establish  at  least  three  separate and
  distinct accounts within the transportation infrastructure bond fund  as
  follows,  which  shall  include the following: (a) an account containing
  all moneys received by the state from the sale of bonds and/or notes for
  uses  eligible  pursuant  to  subdivision  a  of  section  four  of  the
  Transportation  Infrastructure Bond Act of 2000, enacted by a chapter of
  the laws of two thousand; (b) an account containing all moneys  received
  by  the  state  from  the  sale  of bonds and/or notes for uses eligible
  pursuant  to  subdivision  b  of  section  four  of  the  Transportation
  Infrastructure Bond Act of 2000, enacted by a chapter of the laws of two
  thousand; and (c) an account containing all moneys received by the state
  from  the  sale  of  bonds  and/or  notes  for uses eligible pursuant to
  subdivision c of section four of the Transportation Infrastructure  Bond
  Act of 2000, enacted by a chapter of the laws of two thousand.
3.  Moneys in any account of this 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
  transportation   infrastructure   bond   fund,   as  set  forth  in  the
  Transportation Infrastructure Bond Act of 2000.
4. No moneys received by the state from the sale of bonds and/or notes
  sold pursuant to the Transportation  Infrastructure  Bond  Act  of  2000
  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 chairman of the
  senate finance committee, the chairman of the assembly  ways  and  means
  committee and the state comptroller.
* NB  Not  effective  due  to defeat of the Transportation Bond Act of
  2000.
* NB There are 2  97-uuu's