Section 179. New York environmental protection and spill compensation fund

1.  The New York environmental protection and spill compensation fund is
  hereby established as a nonlapsing, revolving fund in the department  of
  audit and control to carry out the purposes of this article.
    2.  Two  separate  accounts  are  hereby  established  within the fund
  established by subdivision one of this section:
    (a) An account which shall be  credited  with  all  license  fees  and
  penalties  collected  pursuant  to  paragraph (b) of subdivision one and
  paragraph (a) of subdivision four of section one hundred seventy-four of
  this  article,  penalties  collected  pursuant  to  paragraph   (b)   of
  subdivision  four of section one hundred seventy-four-a of this article,
  money collected pursuant to section one  hundred  eighty-seven  of  this
  article,  all  penalties  collected  pursuant  to  section  one  hundred
  ninety-two of this article, and registration fees collected pursuant  to
  subdivision  two  of  section  17-1009 of the environmental conservation
  law.
    (b) An account which shall be credited with all  surcharges  collected
  pursuant  to  paragraph  (c)  of  subdivision  one  and paragraph (b) of
  subdivision four of section one hundred seventy-four of this article. In
  addition, such account shall be credited with  funds  from  the  account
  established  by  paragraph (a) of this subdivision in an amount equal to
  two and three-quarters cents multiplied by  the  number  of  barrels  of
  petroleum subject to the provisions of paragraph (d) of subdivision four
  of  section  one  hundred  seventy-four  of  this article. The amount so
  credited shall not exceed the amount equal  to  two  and  three-quarters
  cents  multiplied by the number of barrels which would have been subject
  to the provisions of such paragraph (d) during  the  state  fiscal  year
  ending March thirty-first, nineteen hundred ninety-nine.
    Interest  received  on  moneys  in  each  account in the fund shall be
  credited to that account, respectively.