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2022 New York Laws
STF - State Finance
Article 6 - Funds of the State
99-OO - Pharmacy Benefit Manager Regulatory Fund.

Universal Citation: NY State Fin L § 99-OO (2022)
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§  99-oo. Pharmacy benefit manager regulatory 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
  "pharmacy benefit manager (PBM) regulatory fund".

2. Money allocated to the PBM regulatory fund shall be  kept  separate
  and  shall  not be commingled with any other funds in the custody of the
  state comptroller.

3. Such fund shall consist of money received  by  the  state  as  fees
  under  article  twenty-nine  of  the  insurance law or penalties ordered
  under article twenty-nine of the insurance  law  and  all  other  monies
  appropriated,  credited,  or  transferred thereto from any other fund or
  source pursuant to law. All monies shall remain in such fund unless  and
  until directed by statute or appropriation.

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