Section 99-P. Empire state stem cell trust fund  


Latest version.
  • 1.  There is hereby
      established in the joint  custody  of  the  state  comptroller  and  the
      commissioner  of taxation and finance a special revenue fund to be known
      as the "empire state stem cell trust fund".
        2. The fund shall consist of all monies appropriated for its  purpose,
      all monies required by this section or any other provisions of law to be
      paid  into  or  credited  to  such  fund. Nothing contained herein shall
      prevent the  department  of  health  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  when  allocated,  shall  be  available  for
      administrative  costs  of  the  empire state stem cell board established
      pursuant  to  title  5-A  of  article  two  of  the  public  health  law
      administered  by  the  commissioner  of health and for funding stem cell
      research.
        4. Money shall be payable from the fund on the audit  and  warrant  of
      the  state  comptroller  on  vouchers  approved  and  certified  by  the
      commissioner of health.