N.Y. State Finance Law § 97-d: Environmental quality bond act fund

§ 97-d. Environmental quality bond act fund. 1. There is hereby

established in the custody of the state comptroller and the commissioner

of taxation and finance a special fund, to be known as the

"environmental quality bond act fund".

2. The comptroller shall establish two separate and distinct accounts

within the environmental quality bond act fund; (a) hazardous waste

remediation and municipal solid waste landfill closure account; and (b)

forest preserve, historic preservation, municipal park and

environmentally sensitive lands account.

3. All moneys received by the state from the sale of bonds or notes

for the purpose stated in paragraph a of section four of the

environmental quality bond act of nineteen hundred eighty-six shall be

deposited by the comptroller in the hazardous waste remediation and

municipal solid waste landfill closure account established by the

comptroller pursuant to the provisions of subdivision two of this

section.

4. All moneys received by the state from the sale of bonds or notes

for the purpose stated in paragraph b of section four of the

environmental quality bond act of nineteen hundred eighty-six shall be

deposited by the comptroller in the forest preserve, historic

preservation, municipal park and environmentally sensitive lands account

established by the comptroller pursuant to the provisions of subdivision

two of this section.

5. Moneys in any account of this fund, following appropriation by the

legislature and allocation by the director of the budget, shall be

available only for the reimbursement of expenditures made from

appropriations from the capital projects fund for the purpose as set

forth in the environmental quality bond act of nineteen hundred

eighty-six.