2020 New York Laws
STF - State Finance
Article 6 - Funds of the State
81 - Veterans' Home Assistance Fund.

Universal Citation: NY State Fin L § 81 (2020)
§  81.  Veterans' home 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  "veterans'  home
assistance fund".
  2.  Such fund shall consist of all revenues received by the department
of taxation and finance, pursuant to  the  provisions  of  sections  two
hundred  nine-J  and  six hundred twenty-seven-c 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
aggregate  of  the  amounts  of  moneys collected and deposited into the
veterans' home assistance fund pursuant to sections two  hundred  nine-J
and  six  hundred  twenty-seven-c  of  the  tax law and all other moneys
received and deposited into such fund from grants,  gifts  and  bequests
during  the immediately preceding calendar year. Nothing in this section
shall prevent the state from soliciting and 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.
  3. On or before the first of February each year, the comptroller shall
certify to the governor, the temporary  president  of  the  senate,  the
speaker  of  the assembly, the chair of the senate finance committee and
the chair of the assembly ways and means committee, the amount of monies
deposited into the veterans' home assistance fund during the immediately
preceding calendar year as the result of revenues collected pursuant  to
sections  two  hundred  nine-J and six hundred twenty-seven-c of the tax
law, and from all grants, gifts and bequests to such fund.
  4. Moneys of the  fund  shall  be  expended  only  for  the  care  and
maintenance  of  veterans'  homes operated by agencies of the state, and
shall be disbursed equally  each  state  fiscal  year  to  each  of  the
following  five  veterans'  homes: the state home for veterans and their
dependents at Oxford, the state home for veterans in  the  city  of  New
York,  the  state  home  for  veterans  at  Batavia,  the state home for
veterans at Montrose and the Long Island state veterans  home  at  Stony
Brook university.
  5.  Moneys  shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved and certified by  the  commissioner
of health, for veterans' homes operated by the department of health, and
by the chancellor of the state university of New York, for the veterans'
home operated by the state university of New York.
  6. Moneys in the veterans' home 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/or the comptroller.
  7. On or before the first of February each year, the  commissioner  of
health  shall provide a written report to the temporary president of the
senate, speaker of the assembly, chair of the senate finance  committee,
chair  of  the  assembly  ways  and means committee, chair of the senate
committee on health, chair of the assembly health committee,  the  state
comptroller  and the public. Such report shall include how the monies of
the fund were utilized during the  preceding  calendar  year  and  shall
include:

(a) the amount of money dispersed from the fund and the award process used for such disbursements;

(b) the recipients of awards from the fund;

(c) the amount awarded to each;

(d) the purposes for which such awards were granted; and

(e) a summary financial plan for such monies which shall include estimates of all receipts and all disbursements for the current and succeeding fiscal years, along with the actual results from the prior fiscal year.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.