§ 97-tttt. Clean water, clean air, and green jobs bond fund. 1. There
is hereby established in the joint custody of the state comptroller and
the commissioner of taxation and finance a special fund to be known as
the " clean water, clean air, and green jobs bond fund".

2. The state comptroller shall deposit into the clean water, clean
air, and green jobs bond fund all moneys received by the state from the
sale of bonds and/or notes for uses eligible pursuant to section four of
the clean water, clean air, and green jobs environmental bond act of
2022.

3. Moneys in the clean water, clean air, and green jobs bond fund,
following appropriation by the legislature and allocation by the
director of the budget, shall be available only for reimbursement of
expenditures made from appropriations from the capital projects fund for
the purpose of the clean water, clean air, and green jobs bond fund, as
set forth in the clean water, clean air, and green jobs environmental
bond act of 2022.

4. No moneys received by the state from the sale of bonds and/or notes
sold pursuant to the clean water, clean air, and green jobs
environmental bond act of 2022 shall be expended for any project until
funds therefor have been allocated pursuant to the provisions of this
section and copies of the appropriate certificates of approval filed
with the chair of the senate finance committee, the chair of the
assembly ways and means committee and the state comptroller.