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2022 New York Laws
STF - State Finance
Article 6 - Funds of the State
97-Z - Arts Capital Grants Fund.

Universal Citation: NY State Fin L § 97-Z (2022)
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§ 97-z. Arts capital grants fund. 1. A special fund to be known as the
  "arts  capital  grants fund" is hereby established in the custody of the
  state comptroller and the commissioner of taxation and finance.

2. The fund shall consist of all monies appropriated for its  purpose,
  all monies transferred to such fund pursuant to law, all monies required
  by  this  section  or  any  other  provision  of  law to be paid into or
  credited to the fund and any interest earnings which may accrue from the
  investment of monies in the fund. Nothing contained herein shall prevent
  the New York state council on the arts 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.

3. Monies  of  the  fund,  when  allocated,  shall  be  available  for
  administrative  costs  of  the  council  and  to make grants to eligible
  not-for-profit arts organizations as provided in  section  3.07  of  the
  arts and cultural affairs law.

4.  Monies  shall be payable from the fund on the audit and warrant of
  the comptroller on vouchers approved and certified by  the  chairman  of
  the New York state council on the arts.

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