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New York · Through 2026-09-11

N.Y. State Finance Law § 81: Veterans' home assistance fund

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Where this section sits in the code
  1. State Finance Law
  2. Article 6. Funds of the State

§ 81. Veterans' home assistance fund. 1. There is hereby established

in the joint custody of the commissioner of taxation and finance and the

comptroller, a special fund to be known as the "veterans' home

assistance fund".

2. Such fund shall consist of all revenues received by the department

of taxation and finance, pursuant to the provisions of sections two

hundred nine-J and six hundred twenty-seven-c of the tax law, and all

other moneys appropriated, credited or transferred thereto from any

other fund or source pursuant to law. For each state fiscal year, there

shall be appropriated to the fund by the state, in addition to all other

moneys required to be deposited into such fund, an amount equal to the

aggregate of the amounts of moneys collected and deposited into the

veterans' home assistance fund pursuant to sections two hundred nine-J

and six hundred twenty-seven-c of the tax law and all other moneys

received and deposited into such fund from grants, gifts and bequests

during the immediately preceding calendar year. Nothing in this section

shall prevent the state from soliciting and receiving grants, gifts or

bequests for the purposes of the fund as defined in this section and

depositing them into the fund according to law.

3. On or before the first of February each year, the comptroller shall

certify to the governor, the temporary president of the senate, the

speaker of the assembly, the chair of the senate finance committee and

the chair of the assembly ways and means committee, the amount of monies

deposited into the veterans' home assistance fund during the immediately

preceding calendar year as the result of revenues collected pursuant to

sections two hundred nine-J and six hundred twenty-seven-c of the tax

law, and from all grants, gifts and bequests to such fund.

4. Moneys of the fund shall be expended only for the care and

maintenance of veterans' homes operated by agencies of the state, and

shall be disbursed equally each state fiscal year to each of the

following five veterans' homes: the state home for veterans and their

dependents at Oxford, the state home for veterans in the city of New

York, the state home for veterans at Batavia, the state home for

veterans at Montrose and the Long Island state veterans home at Stony

Brook university.

5. Moneys shall be payable from the fund on the audit and warrant of

the comptroller on vouchers approved and certified by the commissioner

of health, for veterans' homes operated by the department of health, and

by the chancellor of the state university of New York, for the veterans'

home operated by the state university of New York.

6. Moneys in the veterans' home assistance fund shall be kept separate

and shall not be commingled with any other moneys in the custody of the

commissioner of taxation and finance and/or the comptroller.

7. On or before the first of February each year, the commissioner of

health shall provide a written report to the temporary president of the

senate, speaker of the assembly, chair of the senate finance committee,

chair of the assembly ways and means committee, chair of the senate

committee on health, chair of the assembly health committee, the state

comptroller and the public. Such report shall include how the monies of

the fund were utilized during the preceding calendar year and shall

include:

(a) the amount of money dispersed from the fund and the award process

used for such disbursements;

(b) the recipients of awards from the fund;

(c) the amount awarded to each;

(d) the purposes for which such awards were granted; and

(e) a summary financial plan for such monies which shall include

estimates of all receipts and all disbursements for the current and

succeeding fiscal years, along with the actual results from the prior

fiscal year.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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