NY State Fin L § 97-QQQQ (2021)
2021 New York Laws STF - State Finance Article 6 - Funds of the State 97-QQQQ - Cystic Fibrosis Research and Education Fund.

§  97-qqqq.  Cystic  fibrosis research and education 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 "cystic fibrosis research and education fund".   2. Such fund shall  consist  of  all  revenues  received  pursuant  to section  four  hundred  four-bb  of the vehicle and traffic law, and all other moneys appropriated, credited  or  transferred  thereto  from  any other  fund or source pursuant to law. Nothing contained in this section 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 cystic fibrosis research and education fund during the  preceding calendar  year as the result of revenue derived pursuant to section four hundred four-bb 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  moneys  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.  Moneys  of  the  fund  shall  be expended only for cystic fibrosis research projects and cystic fibrosis education projects approved by the department of health in New York state. As used  in  this  section,  the term  "cystic  fibrosis  research  project"  means  scientific  research approved by the department of health into the causes and/or treatment of cystic fibrosis, and the term "cystic fibrosis education project"  means a  project  approved  by the department of health aimed toward educating the general public about the causes, symptoms, and treatment  of  cystic fibrosis.   4.  Moneys  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 moneys received during a fiscal year are expended prior to  the end of that fiscal year.