Section 97-RRR. School tax relief fund

1. There is hereby established in
  the joint custody of the comptroller and the  commissioner  of  taxation
  and finance a special fund to be known as the school tax relief fund.
    2.  Such  fund  shall  consist  of  all monies credited or transferred
  thereto from the general fund or from any other fund or sources pursuant
  to law.
    3. The monies in such fund shall be appropriated for  school  property
  tax  exemptions  and  local property tax rebates granted pursuant to the
  real property tax law and the tax law and payable  pursuant  to  section
  thirty-six  hundred  nine of the education law, for payments to the city
  of New York pursuant  to  section  fifty-four-f  of  this  chapter,  and
  pursuant to section one hundred seventy-eight of the tax law.
    4.  All  payments from the fund shall be made on the audit and warrant
  of the comptroller on vouchers approved by the commissioner of the state
  education department.
    ** 5.  Notwithstanding  the  provisions   of   section   one   hundred
  seventy-one-a  of  the  tax  law, as separately amended by chapters four
  hundred eighty-one and four hundred eighty-four of the laws of  nineteen
  hundred  eighty-one,  or  any  other  provisions of law to the contrary,
  during the fiscal year beginning April first,  two  thousand  nine,  the
  state  comptroller  is  hereby authorized and directed to deposit to the
  fund created pursuant to this section from amounts collected pursuant to
  article twenty-two of the tax law and pursuant to a  schedule  submitted
  by the director of the budget, up to $3,524,450,000, as may be certified
  in  such schedule as necessary to meet the purposes of such fund for the
  fiscal year beginning April first, two thousand nine.
    ** NB Effective until March 31, 2010
    ** 5.  Notwithstanding  the  provisions   of   section   one   hundred
  seventy-one-a  of  the  tax  law, as separately amended by chapters four
  hundred eighty-one and four hundred eighty-four of the laws of  nineteen
  hundred  eighty-one,  or  any  other  provisions of law to the contrary,
  during the fiscal year beginning April first, two  thousand  seven,  the
  state  comptroller  is  hereby authorized and directed to deposit to the
  fund created pursuant to this section from amounts collected pursuant to
  article twenty-two of the tax law and pursuant to a  schedule  submitted
  by the director of the budget, up to $4,888,000,000, as may be certified
  in  such schedule as necessary to meet the purposes of such fund for the
  fiscal year beginning April first, two thousand seven.
    ** NB Effective March 31, 2010
    ** NB There are 2 sb 5's
    ** 5.  Notwithstanding  the  provisions   of   section   one   hundred
  seventy-one-a  of  the  tax  law, as separately amended by chapters four
  hundred eighty-one and four hundred eighty-four of the laws of  nineteen
  hundred  eighty-one,  or  any  other  provisions of law to the contrary,
  during the fiscal year beginning April  first,  two  thousand  six,  the
  state  comptroller  is  hereby authorized and directed to deposit to the
  fund created pursuant to this section from amounts collected pursuant to
  article twenty-two of the tax law and pursuant to a  schedule  submitted
  by  the director of the budget to meet the purposes of such fund for the
  fiscal year beginning April first, two thousand six.
    ** NB There are 2 sb 5's
    * NB There are 2 § 97-rrr's