N.Y. State Finance Law § 89-e: Alzheimer's disease assistance fund

§ 89-e. Alzheimer's disease 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

"Alzheimer's disease assistance fund".

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

of taxation and finance, pursuant to the provisions of section six

hundred twenty-nine 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 amounts of monies

collected and deposited into the fund pursuant to section six hundred

twenty-nine of the tax law during the preceding calendar year, as

certified by the comptroller. Nothing contained herein shall prevent the

state from 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.

2-a. On or before the first day of February each year, the comptroller

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

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

of the assembly ways and means committee, the amount of money deposited

in the Alzheimer's research fund during the preceding calendar year as

the result of revenue derived pursuant to section six hundred

twenty-nine of the tax law.

2-b. On or before the first day 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:

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

used for such disbursements;

(ii) recipients of awards from the fund;

(iii) the amount awarded to each;

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

(v) 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.

3. Moneys in the Alzheimer's disease 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 the comptroller.

4. The moneys in such fund shall be expended only for the purposes

spelled out in paragraph (b) of subdivision six of section twenty-seven

hundred one of the public health law.

5. All payments form such fund shall be made by the department of

taxation and finance after audit and warrant of the comptroller on

vouchers approved by the commissioner of health.