Section 92-G. Motorcycle safety 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 "motorcycle safety fund".
    2. The fund shall consist of the following revenue:
    (i)  fees  collected pursuant to paragraph (c-1) of subdivision two of
  section five hundred three of the vehicle and traffic law; and
    (ii) beginning April first, nineteen hundred ninety-eight, two dollars
  and fifty cents from each motorcycle registration or reregistration  fee
  paid  pursuant  to  subdivision  five of section four hundred ten of the
  vehicle and traffic law.
    3. Moneys of the fund, following  appropriation  by  the  legislature,
  shall be made available to the department of motor vehicles only for the
  administration  and  implementation  of  the  motorcycle  safety program
  established pursuant to section four hundred ten-a of  the  vehicle  and
  traffic law. No more than ten percent of the annual receipts of the fund
  may  be  used  for  administrative and personnel costs of the department
  needed to implement and administer the program. Remaining moneys of  the
  fund  shall be used for the administrative and operating expenses of the
  motorcycle rider training  coordinating  organization  designated  under
  section four hundred ten-a of the vehicle and traffic law.
    4.  The  moneys of the fund shall be paid out on the audit and warrant
  of the comptroller on vouchers certified or approved by the commissioner
  of motor vehicles, including advances of funds pursuant to a contract to
  a motorcycle rider training coordinating organization.   At the  end  of
  each year any moneys remaining in the fund shall be retained in the fund
  and shall not revert to the general fund. The interest and income earned
  on  money  in the fund, after deducting any applicable charges, shall be
  credited to the fund.