NY State Fin L § 95-I (2021)
2021 New York Laws STF - State Finance Article 6 - Funds of the State 95-I - New York State Als Research and Education Fund.

§  95-i.  New  York state ALS research and education fund. 1. There is   hereby established in the joint custody of the commissioner of  taxation   and  finance  and the comptroller, a special fund to be known as the New   York state ALS (Amyotrophic Lateral Sclerosis)  research  and  education   fund.2.  Such  fund  shall consist of all revenues received pursuant to the   provisions of sections two hundred nine-L and six  hundred  thirty-f  of   the  tax  law,  all  revenues received pursuant to appropriations by the   legislature, and  all  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. Any interest received by   the  comptroller  on moneys on deposit in such fund shall be retained in   and become part of such fund.3. Moneys of the fund shall be expended by the  department  of  health   only  to  provide grants to the Greater New York ALS Association and the   ALS Association Upstate New York  Chapter,  not-for-profit  corporations   established  in  this  state  which  are incorporated for the purpose of   advancing and financing ALS research and  education  projects,  provided   that moneys of the fund shall be expended only in support of the Greater   New   York   ALS  Association's  ALSA  Certified  Treatment  Centers  of   Excellence located in New York state or  otherwise  in  support  of  the   Greater New York ALS Association's work in New York state.4.  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   by source in the New York state ALS research and education  fund  during   the preceding calendar year as the result of revenue derived pursuant to   sections  two hundred nine-L and six hundred thirty-f of the tax law and   from all other sources, as well as all disbursements from the  New  York   state  ALS  research  and  education  fund during the preceding calendar   year. The commissioner of health shall expend funds in the year in which   they were donated to the extent practicable. In the event that any  such   funds  were  not  expended  in  the year in which they were donated, the   commissioner  of  health  shall  provide  justification,  along  with  a   remedial plan to ensure the timely and effective use of the funds in the   annual  report  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.5. As a condition of receiving grants from the fund, the  Greater  New   York  ALS  Association  and the ALS Association Upstate New York Chapter   shall agree to issue and shall issue, on or  before  the  first  day  of   February  each  year,  a report including, but not limited to, financial   statements, financial reports and reports on  the  issuance  of  grants.   Such  reports  shall  be delivered to the governor and the chairs of the   senate finance committee and the assembly ways and means  committee  and   shall  also  be  made available to the public. Such financial statements   and reports shall be audited by a nationally recognized accounting firm.6. Moneys shall be payable from the fund to the Greater New  York  ALS   Association  and  the  ALS  Association  Upstate  New York Chapter, with   sixty-five percent of moneys in the fund to be allocated to the  Greater   New  York  ALS Association and thirty-five percent of moneys in the fund   to be allocated to the ALS Association Upstate New York  Chapter  on  an   annual  basis,  on  the audit and warrant of the comptroller on vouchers   certified and approved by the commissioner of health.