§ 97-aa. The New York state "Discover Queens 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 "Discover Queens fund".

2. Such fund shall consist of all revenues received pursuant to the
provisions of section four hundred four-v of the vehicle and traffic law
and all other moneys appropriated, credited or transferred thereto from
any other fund or source pursuant to law. 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.

3. Monies of the fund shall be expended only for tourism promotion
projects which promote tourism in the county of Queens. Monies of the
fund shall be available for tourism promotion purposes, exclusive of
administrative expenses, to an entity designated by local law as
responsible for tourism promotion for the county of Queens, provided,
however, that such designated entity shall cause to be developed
annually a plan for tourism promotion approved by the commissioner of
the department of economic development. Such tourism promotion plan
shall include, but not be limited to, proposed expenditures for tourism
promotion projects promoting tourism in the county of Queens, and
evidence that such plan will not duplicate tourism promotions conducted
by the local tourism promotion agency.

4. Monies shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved and certified by the commissioner
of economic development.

5. To the extent practicable, the commissioner of economic development
shall ensure that all monies received during a fiscal year are expended
prior to the end of that fiscal year.