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New York · Through 2026-09-11

N.Y. State Finance Law § 99-v*2: Homeless veterans assistance fund

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

* § 99-v. Homeless veterans assistance fund. 1. There is hereby

established in the joint custody of the commissioner of taxation and

finance, the New York state commissioner of veterans' services and the

comptroller, a special fund to be known as the "homeless veterans

assistance fund".

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

of taxation and finance, pursuant to the provisions of section six

hundred twenty-seven-b of the tax law, and all other moneys

appropriated, credited, or transferred thereto from any other fund or

source pursuant to law. For each state fiscal year, there shall be

appropriated to the fund by the state, in addition to all other moneys

required to be deposited into such fund, an amount equal to the amounts

of moneys collected and deposited into the fund pursuant to section six

hundred twenty-seven-b of the tax law, and the amounts of moneys

received and deposited into the fund from grants, gifts and bequests

during the preceding calendar year, as certified by the comptroller.

Nothing in this section shall prevent the state from soliciting and

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.

2-a. On or before the first day of February each year, the

commissioner of the New York state department of veterans' services

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

veterans, homeland security and military affairs, chair of the assembly

veterans' affairs 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:

(i) the amount of money dispersed from the fund and the award process

used for such disbursements;

(ii) recipients of awards from the fund;

(iii) the amount awarded to each;

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

(v) 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.

3. On or before the first day of February of each calendar year, the

comptroller shall certify to the governor, the temporary president of

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

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

amount of money deposited in the homeless veterans assistance fund

during the preceding calendar year as the result of revenue derived

pursuant to section six hundred twenty-seven-b of the tax law, and from

all grants, gifts and bequests.

4. Moneys of the fund shall be expended only for the assistance and

care of homeless veterans, for housing and housing-related expenses, as

determined by the department of veterans' services.

5. Moneys shall be paid out of the fund on the audit and warrant of

the comptroller on vouchers approved and certified by the New York state

commissioner of veterans' services. Any interest received by the

comptroller on moneys on deposit in the homeless veterans assistance

fund shall be retained in and become part of such fund.

* NB There are 2 § 99-v's

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

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