Section 97-VVV. Universal prekindergarten reserve fund

1. There is hereby
  established in the joint custody of the comptroller and the commissioner
  of  taxation  and  finance  a  fund,  to  be  known  as  the  "universal
  prekindergarten reserve fund".
    2. Such fund shall consist of moneys transferred from the general fund
  pursuant to paragraph f of subdivision ten of section thirty-six hundred
  two-e  of  the  education  law on behalf of school districts eligible to
  receive funds pursuant to such section which do not provide a  universal
  prekindergarten  program  or  do  not  serve  all  aidable pupils in the
  current school year. School districts reserving moneys within this  fund
  shall   access   such   moneys   for   use   in  providing  a  universal
  prekindergarten program pursuant to section thirty-six hundred two-e  of
  the  education  law  based  upon  a plan approved by the commissioner of
  education and the director of the budget. Notwithstanding any  provision
  of  law to the contrary, any funds remaining on deposit in the universal
  prekindergarten fund as of September fifteenth, two thousand  two  shall
  be transferred to the general fund.