N.Y. State Finance Law § 89-k: Diabetes research and education fund

§ 89-k. Diabetes research and education 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 "diabetes

research and education fund".

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

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

hundred nine-Q and section six hundred thirty-l of the tax law and all

other moneys appropriated, credited or transferred thereto from any

other fund or source pursuant to law. Nothing in this section 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.

3. Monies of the fund shall be expended only for diabetes research and

educational projects. As used in this section, "diabetes research and

education projects" means scientific research or educational projects,

including demonstration and education grants for diabetes education

research, which are approved by the department of health.

4. Monies shall be payable from the fund on the audit and warrant of

the comptroller on vouchers approved and certified by the commissioner

of health.

5. To the extent practicable, the commissioner of health shall ensure

that all monies received during a fiscal year are expended prior to the

end of that fiscal year.

6. 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 diabetes research and education fund during the preceding

calendar year as the result of revenue derived pursuant to sections two

hundred nine-Q and six hundred thirty-l of the tax law.

7. 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, 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 disbursed from the fund;

(ii) recipients of awards from the fund;

(iii) the amount awarded to each; and

(iv) the purposes for which such awards were granted.