N.Y. State Finance Law § 95-g: Department of motor vehicles distinctive plate development fund

§ 95-g. Department of motor vehicles distinctive plate development

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 "department of motor vehicles distinctive plate

development fund".

2. Such fund shall consist of all revenues received pursuant to the

provisions of section four hundred four-oo of the vehicle and traffic

law and all moneys appropriated, credited or transferred thereto from

any other fund or source pursuant to law. Nothing contained 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. Moneys of the fund shall be expended only for the design,

production, advertising and distribution of distinctive license plates

established pursuant to article fourteen of the vehicle and traffic law

on or after the effective date of this section, provided, however, that

such moneys shall first be expended for the costs of designing and

producing such distinctive plates. Any revenue derived from the issuance

of any specific distinctive plate in excess of the amount necessary for

its design and production shall next be expended for the design and

production of all other distinctive plates the service charges of which

are deposited pursuant to section four hundred four-oo of the vehicle

and traffic law.

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

the comptroller on vouchers approved by the commissioner of motor

vehicles.

5. To the extent practicable, the commissioner of motor vehicles shall

ensure that all monies received during a fiscal year are expended prior

to the end of that fiscal year.