N.Y. Tax Law § 289-e: Deposit and disposition of revenue

§ 289-e. Deposit and disposition of revenue. 1. All taxes, interest,

penalties and fees collected or received by the commissioner under the

taxes imposed by this article, except as provided otherwise in

subdivision two and subdivision three of this section and sections two

hundred eighty-two-b, two hundred eighty-two-c, two hundred

eighty-four-a and two hundred eighty-four-c, other than the fee imposed

by section two hundred eighty-four-d and penalties and interest on such

fee, shall be deposited and disposed of pursuant to the provisions of

section one hundred seventy-one-a of this chapter; provided that an

amount equal to thirty-seven and one-half per centum of the moneys

collected under section two hundred eighty-four of this chapter shall be

appropriated and used for the acquisition of property necessary for the

construction and reconstruction of highways and bridges or culverts on

the state highway system, and for the construction, maintenance and

repair of such highways and bridges or culverts, all under the direction

of the commissioner of transportation.

2. All taxes, interest, penalties and fees collected or received by

the commissioner of taxation and finance after March thirty-first,

nineteen hundred ninety-three under the taxes imposed by section two

hundred eighty-four of this article shall be deposited in the dedicated

highway and bridge trust fund and disposed of pursuant to section

eighty-nine-b of the state finance law.

3. Subject to the provisions of section one hundred seventy-one-a of

this chapter relating to refunds and reimbursements, all taxes,

interest, penalties and fees collected or received by the commissioner

after March thirty-first, two thousand, under the taxes imposed by

section two hundred eighty-two-a of this article shall be deposited in

the dedicated fund accounts pursuant to subdivision (d) of section three

hundred one-j of this chapter.