N.Y. State Finance Law § 99-kk: New York state community grants reinvestment fund

§ 99-kk. New York state community grants reinvestment 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 "New York state community grants reinvestment fund".

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

provisions of section ninety-nine-ii of this article and all other

moneys 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. The fund shall be governed and administered by the state cannabis

advisory board as set out under article two of the cannabis law.

4. The moneys in such fund shall be awarded by the state cannabis

advisory board and administered and disbursed by the office of cannabis

management and/or the urban development corporation to provide grants

for qualified community-based nonprofit organizations and approved local

government entities for the purpose of reinvesting in communities

disproportionately affected by past federal and state drug policies.

Such grants shall be used, including but not limited to, to support job

placement, job skills services, adult education, mental health

treatment, substance use disorder treatment, housing, financial

literacy, community banking, nutrition services, services to address

adverse childhood experiences, afterschool and child care services,

system navigation services, legal services to address barriers to

reentry, including, but not limited to, providing representation and

related assistance with expungement, vacatur, substitution and

resentencing of marihuana-related convictions, and linkages to medical

care, women's health services and other community-based supportive

services. The grants from this program may also be used to further

support the social and economic equity program created by article four

of the cannabis law and as established by the cannabis control board.

5. On or before the first day of February each year, the office of

cannabis management shall provide a written report to the temporary

president of the senate, speaker of the assembly, chair of the senate

finance committee, chair of the assembly ways and means committee, chair

of the senate committee on children and families, chair of the assembly

children and families committee, chair of the senate committee on labor,

chair of the assembly labor committee, chair of the senate committee on

health, chair of the assembly health committee, chair of the senate

committee on education, chair of the assembly education committee, the

state comptroller and the public. Such report shall detail how the

monies of the fund were utilized during the preceding calendar year, and

shall include:

(a) the amount of money available and dispersed from the fund and the

award process used for such disbursements;

(b) recipients of awards from the fund;

(c) the amount awarded to each recipient of an award from the fund;

(d) the purposes for which such awards were granted; and

(e) a summary financial plan for such monies which shall include

estimates of all receipts and all disbursements for the current and

succeeding fiscal years, along with the actual results from the prior

fiscal year.

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

the comptroller on vouchers approved and certified by the office of

cannabis management.