Section 97-AA. The New York state "Discover Queens fund"

1. There is hereby
  established,  in  the  joint custody of the commissioner of taxation and
  finance and the comptroller, a special fund to be known as the New  York
  state "Discover Queens fund".
    2.  Such  fund  shall consist of all revenues received pursuant to the
  provisions of section four hundred four-v of the vehicle and traffic law
  and all other moneys appropriated, credited or transferred thereto  from
  any other fund or source pursuant to law. Nothing contained herein shall
  prevent  the  state  from  receiving  grants,  gifts or bequests for the
  purposes of the fund as defined in this section and depositing them into
  the fund according to law.
    3. Monies of the fund shall be expended  only  for  tourism  promotion
  projects  which  promote  tourism in the county of Queens. Monies of the
  fund shall be available for tourism  promotion  purposes,  exclusive  of
  administrative  expenses,  to  an  entity  designated  by  local  law as
  responsible for tourism promotion for the county  of  Queens,  provided,
  however,  that  such  designated  entity  shall  cause  to  be developed
  annually a plan for tourism promotion approved by  the  commissioner  of
  the  department  of  economic  development.  Such tourism promotion plan
  shall include, but not be limited to, proposed expenditures for  tourism
  promotion  projects  promoting  tourism  in  the  county  of Queens, and
  evidence that such plan will not duplicate tourism promotions  conducted
  by the local tourism promotion agency.
    4.  Monies  shall be payable from the fund on the audit and warrant of
  the comptroller on vouchers approved and certified by  the  commissioner
  of economic development.
    5. To the extent practicable, the commissioner of economic development
  shall  ensure that all monies received during a fiscal year are expended
  prior to the end of that fiscal year.