N.Y. State Finance Law § 215: Responsibilities of commissioner of economic development, comptroller, commissioner of taxation and finance and superintendent of financi...

§ 215. Responsibilities of commissioner of economic development,

comptroller, commissioner of taxation and finance and superintendent of

financial services. 1. The commissioner of economic development shall

administer the program pursuant to section two hundred nineteen of this

article, including all decisions with respect to the application and use

of the program for eligible projects; market and promote the program

pursuant to section two hundred twenty-three of this article; after

consulting with the comptroller, the commissioner of taxation and

finance and the superintendent of financial services, issue rules and

regulations for the operation of the program pursuant to section two

hundred twenty-four of this article.

2. The comptroller's responsibilities for the program shall be limited

to: pursuant to sections two hundred fourteen and two hundred nineteen

of this article, placing moneys on deposit at the request of the

commissioner of economic development for the purposes of the program and

administering such deposits in accordance with sections ninety-eight-a

and one hundred five of this chapter and with the comptroller's

established procedures; and entering into deposit agreements with

lenders pursuant to section two hundred nineteen of this article.

3. The commissioner of taxation and finance's responsibilities for the

program shall be limited to: pursuant to sections two hundred fourteen

and two hundred nineteen of this article, placing linked deposit program

fund moneys on deposit at the request of the commissioner of economic

development for the purposes of the program and administering such

deposits in accordance with sections ninety-eight-a and one hundred five

of this chapter and with the commissioner of taxation and finance's

established procedures; and entering into deposit agreements with

lenders pursuant to section two hundred nineteen of this article.

4. The superintendent of financial services' responsibilities for the

program shall be limited to marketing and promoting the program pursuant

to section two hundred twenty-three of this article.