N.Y. Public Authorities Law § 3857-a: Efficiency incentive grants

§ 3857-a. Efficiency incentive grants. By November tenth, two thousand

five, the city shall develop and submit to the authority a plan for

achieving recurring savings through innovations and reengineering.

Subject to appropriations therefor in the state fiscal years two

thousand six--two thousand seven through two thousand ten--two thousand

eleven, the authority shall provide grants to support such city cost

saving activities. State funding during such five year period shall not

exceed fifty million dollars, or ten million dollars annually, for

grants provided pursuant to this section and section thirty-nine hundred

fifty-seven-a of this article. Provided further, copies of such city

plan shall be submitted to the director of the budget, the chair of the

state senate finance committee and the chair of the state assembly ways

and means committee.