N.Y. State Finance Law § 97-tttt: Clean water, clean air, and green jobs bond fund

§ 97-tttt. Clean water, clean air, and green jobs bond fund. 1. There

is hereby established in the joint custody of the state comptroller and

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

the " clean water, clean air, and green jobs bond fund".

2. The state comptroller shall deposit into the clean water, clean

air, and green jobs bond fund all moneys received by the state from the

sale of bonds and/or notes for uses eligible pursuant to section four of

the clean water, clean air, and green jobs environmental bond act of

2022.

3. Moneys in the clean water, clean air, and green jobs bond fund,

following appropriation by the legislature and allocation by the

director of the budget, shall be available only for reimbursement of

expenditures made from appropriations from the capital projects fund for

the purpose of the clean water, clean air, and green jobs bond fund, as

set forth in the clean water, clean air, and green jobs environmental

bond act of 2022.

4. No moneys received by the state from the sale of bonds and/or notes

sold pursuant to the clean water, clean air, and green jobs

environmental bond act of 2022 shall be expended for any project until

funds therefor have been allocated pursuant to the provisions of this

section and copies of the appropriate certificates of approval filed

with the chair of the senate finance committee, the chair of the

assembly ways and means committee and the state comptroller.