Section 97-L. Sewage treatment program management and administration fund

1.   There is hereby established in  the  joint  custody  of  the  state
  comptroller  and  the  commissioner of taxation and finance a fund to be
  known as the "sewage treatment  program  management  and  administration
  fund".
    2.  The  sewage  treatment  program management and administration fund
  shall consist of (a) all moneys transferred to the state from the  water
  pollution  control  revolving  fund  pursuant  to section twelve hundred
  eighty-five-j of  the  public  authorities  law,  (b)  all  moneys  made
  available  to  New  York  state  for  the  purposes of administering and
  managing financial assistance provided to municipalities from the  water
  pollution control revolving fund pursuant to the Federal Water Pollution
  Control  Act,  and  (c) all other moneys credited or transferred thereto
  from any other fund or  source  pursuant  to  law.  Notwithstanding  the
  foregoing,  no  money  reserved  for  planning  pursuant  to section six
  hundred four (b) of the Federal Water Pollution  Control  Act  shall  be
  deposited  in the sewage treatment program management and administration
  fund.
    3.  Moneys  in   the   sewage   treatment   program   management   and
  administration  fund  shall  be  kept  separately  from and shall not be
  commingled  with  any  other  moneys  in  the  custody  of   the   state
  comptroller.
    4.  Moneys  in  such fund, following appropriation by the legislature,
  shall be used, for the purpose of paying all costs of the department  of
  environmental  conservation  and New York state environmental facilities
  corporation for management and administration of  the  sewage  treatment
  program established by section 17-1909 of the environmental conservation
  law  and  of  the  water pollution control revolving fund established by
  section twelve hundred eighty-five-j of the public authorities law.