N.Y. Public Authorities Law § 2660: Request for state assistance

§ 2660. Request for state assistance. 1. Should the chairman of the

authority determine that state assistance is necessary for the authority

to achieve its lawful goals, powers and purposes, the chairman may

annually may make and deliver to the director of the budget, the

chairman of the senate finance committee and the chairman of the

assembly ways and means committee a request for financial support for

the operation of the authority for the forthcoming fiscal year of the

state. The request for financial support shall delineate the total

amount needed by the authority from the state to achieve its lawful

goals, powers and purposes, the source of all funds that the authority

expects to receive from all other sources, and such other information as

the director of the budget, the chairman of the senate finance committee

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

2. The state may appropriate and provide to the authority an amount of

money it deems necessary to provide the authority to assist it in its

successful operation and achievement of its lawful goals, powers and

purposes.

3. Notwithstanding the provisions of any general or special law to the

contrary, no part of such appropriations 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 is filed with the 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 comptroller, the chairman of the

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

committee.