N.Y. Public Authorities Law § 2566: Appropriations

§ 2566. Appropriations. 1. To assure the continued operation and

solvency of the corporation for the carrying out of the public purposes

of this act, there may be, notwithstanding any provision of law to the

contrary, annually apportioned and paid to the corporation such sum, if

any, as shall be appropriated in the first instance by the state as

necessary to enable the corporation to meet all items of expense,

including proper maintenance of the convention center, that are approved

by the director of the budget to be incurred by the corporation in the

next succeeding state fiscal year. The chairman of the corporation shall

annually, on or before September fifteenth, make and deliver to the

governor and the director of the budget for their approval and for

submission to the legislature a budget request for the operations of the

corporation. The request shall delineate the total amount needed for

corporate purposes, the source and amount of other funds that the

corporation expects to receive, and such other information as the

director of the budget shall require. The sum or sums appropriated in

the first instance, or so much thereof as shall be necessary, shall be

apportioned and paid to the corporation during the course of the fiscal

year as needed.

2. Notwithstanding the provisions of any general or special law, no

part of such appropriation shall be available for the purposes

designated until a certificate of approval of availability shall have

been issued by the director of the budget and a copy of such certificate

filed with the state comptroller, the chairman of the senate finance

committee and the chairman of the assembly ways and means committee.

Such certificate may be amended from time to time, subject to the

approval of the director of the budget, and a copy of each such

amendment shall be filed with the state comptroller, the chairman of the

senate finance committee and the chairman of the assembly ways and means

committee.

3. The director of the budget shall not issue any certificate of

approval of availability until the corporation has entered into a

written agreement with the director of the budget providing for

repayment by such corporation to the state of an amount equal to the

total amount expended by the state from such appropriation, on terms to

be determined by the director of the budget, and a copy of such

agreement shall be filed with the state comptroller, the chairman of the

senate finance committee and the chairman of the assembly ways and means

committee. Notwithstanding the provisions of section forty-a of the

state finance law and any other general or special law, such written

agreement shall require repayment only to the extent that moneys are

available from the convention center operating corporation fund

established in accordance with section twenty-five hundred sixty-nine of

this title.