N.Y. State Finance Law § 179-x: Federal funds

§ 179-x. Federal funds. The provisions of this article as they relate

to federal funds shall only be applicable to the extent a state agency

is in receipt of federal funds for a particular program; provided

however, the provisions of this article shall be applicable to federal

funds, including but not limited to funds such as petroleum overcharge

moneys, only to the extent that any required federal or court review or

approval process concerning the use of such funds has been completed,

and no notification of disapproval has been received by a state agency.

Any time frame contained within the provisions of this article shall run

from the date of the notification to a state agency of receipt of

federal funds, or the completion of any required federal or court review

or approval process, whichever is applicable, provided however that a

not-for-profit organization receiving federal funds to which such

timeframes are applicable shall be entitled to interest payments

pursuant to section one hundred seventy-nine-v of this article or after

one hundred twenty days following the state's receipt of federal funds

for the program, whichever is later.