Section 3857-A. Efficiency incentive grants

By November tenth, two thousand
  five,  the  city  shall  develop  and submit to the authority a plan for
  achieving  recurring  savings  through  innovations  and  reengineering.
  Subject  to  appropriations  therefor  in  the  state  fiscal  years two
  thousand six--two thousand seven through two thousand ten--two  thousand
  eleven,  the  authority  shall  provide grants to support such city cost
  saving activities. State funding during such five year period shall  not
  exceed  fifty  million  dollars,  or  ten  million dollars annually, for
  grants provided pursuant to this section and section thirty-nine hundred
  fifty-seven-a of this article. Provided further,  copies  of  such  city
  plan  shall be submitted to the director of the budget, the chair of the
  state senate finance committee and the chair of the state assembly  ways
  and means committee.