Legislation
SECTION 95-G
Department of motor vehicles distinctive plate development fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 95-g. Department of motor vehicles distinctive plate development
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 "department of motor vehicles distinctive plate
development fund".
2. Such fund shall consist of all revenues received pursuant to the
provisions of section four hundred four-oo of the vehicle and traffic
law 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.
3. Moneys of the fund shall be expended only for the design,
production, advertising and distribution of distinctive license plates
established pursuant to article fourteen of the vehicle and traffic law
on or after the effective date of this section, provided, however, that
such moneys shall first be expended for the costs of designing and
producing such distinctive plates. Any revenue derived from the issuance
of any specific distinctive plate in excess of the amount necessary for
its design and production shall next be expended for the design and
production of all other distinctive plates the service charges of which
are deposited pursuant to section four hundred four-oo of the vehicle
and traffic law.
4. Moneys shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved by the commissioner of motor
vehicles.
5. To the extent practicable, the commissioner of motor vehicles shall
ensure that all monies received during a fiscal year are expended prior
to the end of that fiscal year.
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 "department of motor vehicles distinctive plate
development fund".
2. Such fund shall consist of all revenues received pursuant to the
provisions of section four hundred four-oo of the vehicle and traffic
law 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.
3. Moneys of the fund shall be expended only for the design,
production, advertising and distribution of distinctive license plates
established pursuant to article fourteen of the vehicle and traffic law
on or after the effective date of this section, provided, however, that
such moneys shall first be expended for the costs of designing and
producing such distinctive plates. Any revenue derived from the issuance
of any specific distinctive plate in excess of the amount necessary for
its design and production shall next be expended for the design and
production of all other distinctive plates the service charges of which
are deposited pursuant to section four hundred four-oo of the vehicle
and traffic law.
4. Moneys shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved by the commissioner of motor
vehicles.
5. To the extent practicable, the commissioner of motor vehicles shall
ensure that all monies received during a fiscal year are expended prior
to the end of that fiscal year.