N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 705: Research grants

§ 705. Research grants. 1. Upon approval of a proposal by the

committee, the committee shall then enter into a contractual

relationship with the applicant for the research grant within the limit

of the funds available therefor and subject to the following

limitations:

a. All grants so provided shall be used for the direct cost of

approved projects and shall not be used to supplant funds otherwise

available to the applicant or to the institution with which the

applicant is affiliated, or for the general cost recoveries that are

rightfully the prior obligation of the institution to which the research

grant is made.

b. No funds shall be expended for the acquisition, construction or

renovation of capital facilities without specific prior written approval

by the committee.

c. Payments shall be made upon certified vouchers submitted to the

committee, prepared in a format satisfactory to the committee.

2. Copies of grant contracts shall be furnished to the commission, and

each of the funds named in section seven hundred three of this article.