Section 97-A. Environmental quality protection fund  


Latest version.
  • 1. There is hereby
      established in the custody of the state comptroller a special fund to be
      known as the "environmental quality protection fund".
        2. Such fund shall consist of all moneys received by  the  state  from
      the  sale  of  bonds  pursuant  to the environmental quality bond act of
      nineteen hundred seventy-two together with all moneys paid to the  state
      by  the  federal  government  or  a  municipality  pursuant  to sections
      51-0305, 51-0507, 51-0711 and 51-0907 of the environmental  conservation
      law.
        3.  Moneys of the 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 in accordance
      with the provisions of article six of the environmental conservation law
      as amended.