2023 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.