Section 97-AAA. Clean water/clean air bond 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
  "clean water/clean air bond fund".
    2. The comptroller shall establish the following separate and distinct
  accounts within the clean water/clean air bond fund: (a)  safe  drinking
  water  account;  (b)  clean  water account; (c) solid waste account; (d)
  environmental restoration  account;  and  (e)  air  quality  improvement
  account.
    3.  All  moneys  received by the state from the sale of bonds or notes
  for the purpose  of  the  clean  water/clean  air  bond  fund  shall  be
  deposited  by  the  comptroller into the clean water/clean air bond fund
  established pursuant to this section.
    4. Moneys in this fund, following appropriation by the legislature and
  allocation by the director of the budget, shall be  available  only  for
  the  reimbursement  of  expenditures  made  from appropriations from the
  capital  projects  fund  for  the  purposes  set  forth  in  the   Clean
  Water/Clean Air Bond Act of 1996.