§ 97-qqqq. Cystic fibrosis research and education fund. 1. There is
hereby established in the joint custody of the commissioner of taxation
and finance and the comptroller a fund to be known as the "cystic
fibrosis research and education fund".

2. Such fund shall consist of all revenues received pursuant to
section four hundred four-bb 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 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.

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 cystic fibrosis research and education fund during the preceding
calendar year as the result of revenue derived pursuant to section four
hundred four-bb of the vehicle and traffic law and from grants, gifts
and bequests.

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 disbursed 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 moneys 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 of the fund shall be expended only for cystic fibrosis
research projects and cystic fibrosis education projects approved by the
department of health in New York state. As used in this section, the
term "cystic fibrosis research project" means scientific research
approved by the department of health into the causes and/or treatment of
cystic fibrosis, and the term "cystic fibrosis education project" means
a project approved by the department of health aimed toward educating
the general public about the causes, symptoms, and treatment of cystic
fibrosis.

4. Moneys shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved and certified by the commissioner
of health.

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