NY State Fin L § 92-T (2021)
2021 New York Laws STF - State Finance Article 6 - Funds of the State 92-T - New York State Campaign Finance Fund.

§  92-t.  New  York  state  campaign  finance fund. 1. There is hereby   established in the joint  custody  of  the  state  comptroller  and  the   commissioner  of taxation and finance a fund to be known as the New York   state campaign finance fund.2. Such fund shall consist of all revenues received from the New  York   state  campaign  finance  fund check-off pursuant to section six hundred   thirty-h of the tax law, from the abandoned property  fund  pursuant  to   section ninety-five of this article, from the general fund, and from all   other  moneys  credited  or  transferred  thereto from any other fund or   source pursuant to law. Such fund shall also receive contributions  from   private  individuals,  organizations,  or  other  persons to fulfill the   purposes of the public financing system.3. Moneys of the fund, following appropriation by the legislature, may   be expended for the purposes of making payments to  candidates  pursuant   to   title  two  of  article  fourteen  of  the  election  law  and  for   administrative  expenses  related  to  the  implementation  of   article   fourteen  of  the  election law. Moneys shall be paid out of the fund by   the state comptroller on vouchers certified or  approved  by  the  state   board of elections, or its duly designated representative, in the manner   prescribed by law, not more than five working days after such voucher is   received by the state comptroller.4.  Notwithstanding  any  provision of law to the contrary, if, in any   state fiscal year, the state campaign finance fund lacks the  amount  of   money  to  pay all claims vouchered by eligible candidates and certified   or approved by the state board of elections, any such  deficiency  shall   be  paid  by  the state comptroller, from funds deposited in the general   fund of the state not more than four working days after such voucher  is   received by the state comptroller.5.  Commencing in two thousand twenty-five, if the surplus in the fund   on April first of the year after a year in which a governor  is  elected   exceeds  twenty-five percent of the disbursements from the fund over the   previous four years, the excess shall revert to the general fund of  the   state.6.  No public funds shall be paid to any participating candidates in a   primary  election  any  earlier  than  thirty  days  after   designating   petitions  or  certificates  of nomination have been filed and not later   than thirty days after such primary election.7. No public funds shall be paid to any participating candidates in  a   general  election  any earlier than the day after the day of the primary   election held to nominate candidates for such election.8. No public funds shall be paid to any participating candidates in  a   special  election  any  earlier  than the day after the last day to file   certificates of party nomination for such special election.9. No public funds shall be paid to any  participating  candidate  who   has  been disqualified or whose designating petitions have been declared   invalid by the appropriate board of elections or a  court  of  competent   jurisdiction until and unless such finding is reversed by a higher court   in  a final judgment. No payment from the fund in the possession of such   a candidate or such candidate's participating committee on the  date  of   such disqualification or invalidation may thereafter be expended for any   purpose except the payment of liabilities incurred before such date. All   such moneys shall be repaid to the fund.