N.Y. State Finance Law § 99-ll: New York state council on the arts cultural programs fund

§ 99-ll. New York state council on the arts cultural programs fund. 1.

There is hereby established in the joint custody of the state

comptroller and commissioner of taxation and finance a special fund to

be known as the "New York state council on the arts cultural program

fund".

2. Such fund shall consist of all revenues received by the state,

pursuant to the provisions of section twenty-four-c of the tax law and

all other moneys appropriated 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. On or before the first day of February two thousand twenty-four,

the executive director of the New York state council on the arts shall

provide a written report to the temporary president of the senate, the

speaker of the assembly, the chair of the senate finance committee, the

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

committee on health, the chair of the assembly health committee, the

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

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

shall include:

(a) the amount of money disbursed from the fund and the award process

used for such disbursements;

(b) recipients of awards from the fund;

(c) the amount awarded to each;

(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.

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

the comptroller on vouchers approved and certified by the executive

director of the New York state council on the arts.

5. The moneys in such fund shall be expended for the purpose of

supplementing art and cultural grant programs of the New York state

council on the arts, including but not limited to: arts education

programs, and art and cultural programs for children and adults,

including programs that increase access to art and cultural programs and

events in underserved communities.