N.Y. State Finance Law § 99-z: Cure childhood cancer research fund

§ 99-z. Cure childhood cancer research fund. 1. There is hereby

established in the joint custody of the commissioner of taxation and

finance and the comptroller a fund to be known as the "cure childhood

cancer research fund".

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

provisions of section four hundred four-cc of the vehicle and traffic

law, all the revenues received by the department of taxation and finance

pursuant to section six hundred thirty-l of the tax law and all other

moneys appropriated, credited or transferred thereto from any other fund

or source pursuant to law. Nothing contained herein 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.

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

shall certify to the governor, temporary president of the senate,

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

of the assembly ways and means committee, the amount of money deposited

in the cure childhood cancer research fund during the preceding calendar

year as the result of revenue derived pursuant to section four hundred

four-cc of the vehicle and traffic law and from grants, gifts and

bequests.

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

commissioner of health 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 health, 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:

(i) the amount of money disbursed 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. Monies of the fund shall be expended only for childhood cancer

research projects approved by the department of health in New York

state. As used in this section, the term "childhood cancer research

project" means scientific research into the causes, prevention,

screening, treatment and cure of childhood cancers.

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

the comptroller on vouchers approved and certified by the commissioner

of health.

5. To the extent practicable, the commissioner of health shall ensure

that all monies received during a fiscal year are expended prior to the

end of that fiscal year.