N.Y. STF Law § 99-TT — New York Code / Act STF / Article 6 / Section 99-TT
Veterans' services fund
Status: in_force

§ 99-tt. Veterans' services fund. 1. There is hereby established in\nthe joint custody of the commissioner of taxation and finance, the\ncommissioner of veterans' services, and the comptroller, a special fund\nto be known as the "veterans' services fund".\n  2. Such fund shall consist of all civil penalties imposed pursuant to\nsection three hundred forty-nine-f of the general business law, any\nadditional moneys appropriated, credited or transferred to such fund by\nthe legislature, and the amounts of moneys received and deposited into\nthe fund from grants, gifts and bequests during the preceding calendar\nyear, as certified by the comptroller. Nothing in this section shall\nprevent the state from soliciting and receiving grants, gifts or\nbequests for the purposes of the fund as defined in this section and\ndepositing them into the fund according to law. Any interest earned by\nthe investment of moneys in such fund shall be added to such fund,\nbecome part of such fund, and be used for the purposes of such fund.\n  3. On or before the first day of February each year, the commissioner\nof veterans' services shall provide a written report to the temporary\npresident of the senate, speaker of the assembly, chair of the senate\nfinance committee, chair of the assembly ways and means committee, chair\nof the senate committee on veterans, homeland security and military\naffairs, chair of the assembly veterans' affairs committee, the state\ncomptroller and the public. Such report shall include how the moneys of\nthe fund were utilized during the preceding calendar year, and shall\ninclude:\n  (a) the amount of money dispersed from the fund and the award process\nused for such disbursements;\n  (b) recipients of awards from the fund;\n  (c) the amount awarded to each;\n  (d) the purposes for which such awards were granted; and\n  (e) a summary financial plan for such moneys which shall include\nestimates of all receipts and all disbursements for the current and\nsucceeding fiscal years, along with the actual results from the prior\nfiscal year.\n  4. On or before the first day of February of each calendar year, the\ncomptroller shall certify to the governor, the temporary president of\nthe senate, the speaker of the assembly, the chair of the senate finance\ncommittee and the chair of the assembly ways and means committee, the\namount of money deposited in the veterans' services fund during the\npreceding calendar year as the result of revenue derived pursuant to\nsection three hundred forty-nine-f of the general business law, and from\nall grants, gifts and bequests.\n  5. Moneys of the fund shall be expended only for the award of grants\nto veterans' service organizations certified by the United States\ndepartment of veterans affairs to assist claimants in the preparation,\npresentation, and prosecution of claims for United States department of\nveterans affairs benefits, as determined by the department of veterans'\nservices.\n  6. Moneys shall be paid out of the fund on the audit and warrant of\nthe comptroller on vouchers approved and certified by the commissioner\nof veterans' services. Any interest received by the comptroller on\nmoneys on deposit in the veterans' services fund shall be retained in\nand become part of such fund.\n