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New York · Through 2026-09-11

N.Y. State Finance Law § 99-ff*2: New York central business district trust fund

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Where this section sits in the code
  1. State Finance Law
  2. Article 6. Funds of the State

* § 99-ff. New York central business district trust fund. 1.

Establishment of the fund. 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 New York central business

district trust fund. Moneys in this account shall be kept separate and

not commingled with any other moneys in the custody of the comptroller.

2. Sources of funds. The sources of funds shall consist of all moneys

deposited pursuant to subdivision (c) of section eleven hundred

forty-eight of the tax law. Any interest received by the comptroller on

moneys on deposit shall be retained and become part of the fund, unless

otherwise directed by law.

3. Uses of funds. Following appropriation by the legislature, moneys

shall be available for distribution to the central business district

tolling capital lockbox established pursuant to section five hundred

fifty-three-j of the public authorities law.

* NB There are 2 § 99-ff's

Collected 2026-09-14T19:32:45Z. Source file · JSON

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