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New York · Through 2026-09-11

N.Y. Economic Development Law § 105: Radioactive byproducts special fund

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Where this section sits in the code
  1. Economic Development Law
  2. Article 4. General Powers of Department

§ 105. Radioactive byproducts special fund. 1. There is hereby

continued in the custody of the state comptroller a special fund, known

as the "radioactive byproducts special fund."

2. All moneys received by the council from making charges or

administering, controlling, or disposing of radioactive byproducts or

from otherwise operating, developing and managing facilities after

assumption of jurisdiction thereof by the council pursuant to

subdivision six of section one hundred four of this article, and all

moneys received by the council in connection with such assumption of

jurisdiction, shall be deposited directly in the radioactive byproducts

special fund.

3. The moneys of the radioactive byproducts special fund, subject to

segregation by the director of the budget, shall be available for

payment of any and all costs and expenditures, including those incurred

pursuant to contracts and arrangements entered into, in carrying out the

purposes of subdivision six of section one hundred four of this article,

and costs and expenditures incidental and appurtenant thereto. All

payments from such fund shall be made on the audit and warrant of the

state comptroller on vouchers approved by the executive director or any

other person designated by the council.

4. In the event that the council shall determine by resolution that

the purposes for which the radioactive byproducts special fund is

established have ceased to exist, or that such fund contains money in

excess of the amount of money required to accomplish such purposes, it

shall deliver a copy of such resolution to the state comptroller, who

thereupon shall pay forthwith all moneys in the radioactive byproducts

special fund or such excess, as the case may be, into the state treasury

to the credit of the general fund.

5. Subject to the provisions of subdivision four of this section, the

state comptroller shall invest and keep invested the moneys of the

radioactive byproducts special fund.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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