2021 New York Laws
STF - State Finance
Article 6 - Funds of the State
89-H - Medical Cannabis Trust Fund.

* §  89-h. Medical cannabis trust 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 "medical cannabis
  trust fund."
2.  The  medical  cannabis  trust  fund  shall  consist  of all moneys
  required to be deposited in the medical cannabis trust fund pursuant  to
  the provisions of section four hundred ninety of the tax law.
3.  The  moneys  in  the  medical  cannabis  trust  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 state
  comptroller.
4.  The  moneys  of  the  medical  cannabis  trust   fund,   following
  appropriation  by the legislature, shall be allocated upon a certificate
  of approval of availability by the director of the  budget  as  follows:
  (a)   Twenty-two   and  five-tenths  percent  of  the  monies  shall  be
  transferred to the counties in New  York  state  in  which  the  medical
  cannabis was manufactured and allocated in proportion to the gross sales
  originating  from medical cannabis manufactured in each such county; (b)
  twenty-two and five-tenths percent of the moneys shall be transferred to
  the counties in New  York  state  in  which  the  medical  cannabis  was
  dispensed  and  allocated  in proportion to the gross sales occurring in
  each such county; (c) five percent of the monies shall be transferred to
  the office of addiction services and  supports,  which  shall  use  that
  revenue  for  additional drug abuse prevention, counseling and treatment
  services; (d) five percent of the revenue  received  by  the  department
  shall be transferred to the division of criminal justice services, which
  shall  use  that  revenue for a program of discretionary grants to state
  and local law enforcement agencies that demonstrate a need  relating  to
  article  three  of  the  cannabis  law;  said  grants  could be used for
  personnel costs of state and local law  enforcement  agencies;  and  (e)
  forty-five  percent  of  the monies shall be transferred to the New York
  state cannabis revenue fund. For purposes of this subdivision, the  city
  of New York shall be deemed to be a county.
* NB Repealed July 5, 2028