* § 97-rrr. School tax relief fund. 1. There is hereby established in
the joint custody of the comptroller and the commissioner of taxation
and finance a special fund to be known as the school tax relief fund.

2. Such fund shall consist of all monies credited or transferred
thereto from the general fund or from any other fund or sources pursuant
to law.

3. The monies in such fund shall be appropriated for school property
tax exemptions granted pursuant to the real property tax law and payable
pursuant to section thirty-six hundred nine-e of the education law.

4. All payments from the fund shall be made on the audit and warrant
of the comptroller on vouchers approved by the commissioner of the state
education department.

** 5. Notwithstanding the provisions of section one hundred
seventy-one-a of the tax law, as separately amended by chapters four
hundred eighty-one and four hundred eighty-four of the laws of nineteen
hundred eighty-one, and notwithstanding the provisions of chapter
ninety-four of the laws of two thousand eleven, or any other provisions
of law to the contrary, during the fiscal year beginning April first,
two thousand twenty-four, the state comptroller is hereby authorized and
directed to deposit to the fund created pursuant to this section from
amounts collected pursuant to article twenty-two of the tax law and
pursuant to a schedule submitted by the director of the budget, up to
$1,575,393,000 as may be certified in such schedule as necessary to meet
the purposes of such fund for the fiscal year beginning April first, two
thousand twenty-four.

** NB Effective until March 31, 2025

** 5. Notwithstanding the provisions of section one hundred
seventy-one-a of the tax law, as separately amended by chapters four
hundred eighty-one and four hundred eighty-four of the laws of nineteen
hundred eighty-one, and notwithstanding the provisions of chapter
ninety-four of the laws of two thousand eleven, or any other provisions
of law to the contrary, during the fiscal year beginning April first,
two thousand twenty-three, the state comptroller is hereby authorized
and directed to deposit to the fund created pursuant to this section
from amounts collected pursuant to article twenty-two of the tax law and
pursuant to a schedule submitted by the director of the budget, up to
$1,716,913,000 as may be certified in such schedule as necessary to meet
the purposes of such fund for the fiscal year beginning April first, two
thousand twenty-three.

** NB Effective March 31, 2025

* NB There are 2 § 97-rrr's