Section 90. New York state department of transportation highway safety program fund  


Latest version.
  • 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 "New York state department of transportation highway safety
      program fund".
        2.  The  fund shall consist of (a) all fines or penalties collected in
      proceedings in a court or administrative tribunal  which  results  in  a
      conviction  for  a violation of section fourteen-f or subdivision two of
      section one hundred forty of the transportation law, and (b) all  moneys
      deposited  into the fund by the commissioner of transportation resulting
      from revenue contracts for parkway towing and emergency  road  services,
      lease income, gas station net revenue, and sale of property or assets on
      parkways designated in law as special parkways.
        3.  Moneys  in the New York state department of transportation highway
      safety program fund may be invested by the comptroller pursuant  to  the
      provisions  of  section  ninety-eight-a  of  this article and any income
      received by the comptroller from such investments shall be added to  and
      become  part  of,  and  shall be used for the purposes of such fund. All
      deposits of such money shall, if required by the comptroller, be secured
      by obligations of the United States or of  the  state  of  market  value
      equal  at all times to the amount of the deposit and all banks and trust
      companies are authorized to give such securities for such deposits.
        4. Moneys of the fund, following  appropriation  by  the  legislature,
      shall be allocated upon a certificate of approval of availability by the
      director  of  the  budget  solely  for  the  purposes  set forth in this
      section.
        5. Fifty percent of the  moneys  in  the  fund  received  pursuant  to
      section  fourteen-f  or  subdivision two of section one hundred forty of
      the transportation law shall be transferred to the general fund  of  the
      state  on  or before the last day of the state's fiscal year.  All other
      moneys in the fund shall be made  available  pursuant  to  appropriation
      for,  but  not limited to, administration and enforcement of the highway
      safety program and related purposes, including, but not limited to,  the
      purchase of highway safety equipment.