N.Y. State Finance Law § 92-ii: Metropolitan transportation authority capital assistance fund

§ 92-ii. Metropolitan transportation authority capital assistance

fund. 1. There is hereby established in the custody of the comptroller

a special fund to be known as the metropolitan transportation authority

capital assistance fund.

2. Such fund shall consist of any monies directed thereto pursuant to

the provisions of section three of part UUU of chapter fifty-eight of

the laws of two thousand twenty and to the provisions of section three

of the part of the chapter of the laws of two thousand twenty-five which

amended this subdivision.

3. All monies deposited into the fund pursuant to part UUU of chapter

fifty-eight of the laws of two thousand twenty and the part of the

chapter of the laws of two thousand twenty-five which amended this

subdivision shall be paid to the metropolitan transportation authority

by the comptroller, without appropriation, for use in the same manner as

the payments required by section two of such part, as soon as

practicable but not more than five days from the date the comptroller

determines that the full amount of the unpaid balance of any payment

required by section three of part UUU of chapter fifty-eight of the laws

of two thousand twenty and by section three of such part of the chapter

of the laws of two thousand twenty-five which amended this subdivision

has been deposited into the fund.