N.Y. Tax Law § 1601: Statement of purpose

§ 1601. Statement of purpose. This article is enacted to implement the

amendment of section nine of article one of the state constitution, as

approved by the vote of the people in the general election of November,

nineteen hundred sixty-six, and to carry out the mandate thereof by

establishing a lottery to be operated by the state, the net proceeds of

which, for the fiscal year commencing April first, nineteen hundred

seventy-six only, are to be applied exclusively for the purpose of

providing aid to pupils with special educational needs and pupils with

handicapping conditions. Thereafter, such net proceeds shall be applied

for the purpose of providing supplemental aid to all school children

pursuant to subdivision four of section ninety-two-c of the state

finance law so as to hold harmless those programs from any reduction

during the next fiscal year and so as to ensure that thereafter, subject

to the provisions of paragraph (v) of subdivision three and subdivision

five of section ninety-two-c of the state finance law and section four

hundred ninety-five-a of article ten-C of the education law, all

increases from the proceeds of the lottery shall be dedicated as

increases in the funds available for the purpose of this act.