Legislation

Search OpenLegislation Statutes

This entry was published on 2015-11-27
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 89-E
Alzheimer's disease assistance fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 89-e. Alzheimer's disease assistance 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
"Alzheimer's disease assistance fund".

2. Such fund shall consist of all revenues received by the department
of taxation and finance, pursuant to the provisions of section six
hundred twenty-nine of the tax law and all other moneys appropriated,
credited, or transferred thereto from any other fund or source pursuant
to law. For each state fiscal year, there shall be appropriated to the
fund by the state, in addition to all other moneys required to be
deposited into such fund, an amount equal to the amounts of monies
collected and deposited into the fund pursuant to section six hundred
twenty-nine of the tax law during the preceding calendar year, as
certified by the comptroller. Nothing contained herein 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 Alzheimer's research fund during the preceding calendar year as
the result of revenue derived pursuant to section six hundred
twenty-nine of the tax law.

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 dispersed 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 monies 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 in the Alzheimer's disease assistance fund shall be kept
separate and shall not be commingled with any other moneys in the
custody of the commissioner of taxation and finance and the comptroller.

4. The moneys in such fund shall be expended only for the purposes
spelled out in paragraph (b) of subdivision six of section twenty-seven
hundred one of the public health law.

5. All payments form such fund shall be made by the department of
taxation and finance after audit and warrant of the comptroller on
vouchers approved by the commissioner of health.