Section 205. Deposit of moneys collected from taxes imposed by sections one hundred eighty-three and one hundred eighty-four of this chapter

1. (a)  From moneys  collected  from  taxes  imposed  by  sections  one  hundred
  eighty-three  and  one  hundred  eighty-four  of this chapter during the
  period from April  first,  nineteen  hundred  eighty-one  through  March
  thirty-first,  nineteen  hundred  eighty-two:  (i) the first one hundred
  million dollars shall be deposited pursuant to the provisions of section
  one hundred seventy-one-a of this chapter; (ii)  the  next  seventy-five
  million  dollars  shall  be  deposited  in  the  mass  transit operating
  assistance fund to the credit of the metropolitan mass transit operating
  assistance account created pursuant to  section  eighty-eight-a  of  the
  state  finance  law;  and  (iii) of any amounts in excess of one hundred
  seventy-five million dollars collected during such period, sixty percent
  shall be disbursed pursuant to the provisions  of  clause  (i)  of  this
  paragraph and forty percent pursuant to clause (ii) of this paragraph.
    (b)  From  moneys collected from taxes imposed by such sections during
  the period from the first day of April to the  thirtieth  day  of  June,
  nineteen  hundred  eighty-two an amount, which when added to the amounts
  deposited to the credit  of  the  metropolitan  mass  transit  operating
  assistance  account pursuant to paragraph (a) of this subdivision, shall
  total eighty-four million dollars  which  shall  be  deposited  in  such
  account; and the balance of moneys collected during such period shall be
  deposited   pursuant   to   the   provisions   of  section  one  hundred
  seventy-one-a of this chapter.
    * 2. Of moneys collected from taxes imposed by  sections  one  hundred
  eighty-three  and  one hundred eighty-four of this article subsequent to
  June thirtieth, nineteen hundred  eighty-two,  sixty  percent  shall  be
  deposited   pursuant   to   the   provisions   of  section  one  hundred
  seventy-one-a of this chapter, provided that after April first, nineteen
  hundred ninety-six, fifty-two percent of such  moneys  collected  on  or
  after  such  date  shall  be so deposited; provided, further, that after
  January first, nineteen hundred ninety-seven, fifty and one-half percent
  of such moneys collected on or after such date shall  be  so  deposited;
  provided,   further,   that   after   January  first,  nineteen  hundred
  ninety-eight, forty-six percent of such moneys  collected  on  or  after
  such  date  shall be so deposited; provided, further, that after January
  first, two thousand, thirty-six percent of such moneys collected  on  or
  after  such  date  shall  be so deposited; provided, further, that after
  January first, two thousand one but before  April  first,  two  thousand
  four,  twenty  percent  of  such  moneys collected on or after such date
  shall be so deposited; and the balance  of  such  collections  shall  be
  deposited  in  the  mass transportation operating assistance fund to the
  credit of the  metropolitan  mass  transportation  operating  assistance
  account;  provided,  however,  for  taxable years commencing on or after
  January first, nineteen hundred eighty-five  and  ending  on  or  before
  December  thirty-first,  nineteen hundred eighty-nine, all of the moneys
  collected from the tax imposed by section  one  hundred  eighty-four  of
  this  chapter  on  corporations,  joint-stock  companies or associations
  formed for or  principally  engaged  in  the  conduct  of  telephone  or
  telegraph  business  shall  be  deposited  in  the  mass  transportation
  operating assistance  fund  to  the  credit  of  the  metropolitan  mass
  transportation operating assistance account; and provided, further, that
  the  actual  amount  of  moneys  from  the taxes imposed by sections one
  hundred eighty-three and one hundred eighty-four of this  article  which
  shall be deposited in such mass transportation operating assistance fund
  to   the  credit  of  the  metropolitan  mass  transportation  operating
  assistance account, pursuant to  this  subdivision,  during  the  twelve
  month  period  from  April  first,  nineteen hundred eighty-five, to and

  including March thirty-first, nineteen hundred eighty-six, shall not  be
  less  than  sixty  million  dollars;  provided,  further,  that  for the
  twenty-four month period from April first, nineteen hundred ninety-four,
  to and including March thirty-first, nineteen hundred ninety-six, of the
  moneys  so  collected,  sixty  percent shall be deposited in the general
  fund pursuant to the provisions of section one hundred seventy-one-a  of
  this  chapter, thirty-four and four-tenths percent shall be deposited in
  the revenue accumulation fund and five and six-tenths percent  shall  be
  deposited  in  such mass transportation operating assistance fund to the
  credit of such metropolitan  mass  transportation  operating  assistance
  account.
    * NB Effective until March 31, 2015
    * 2.  Of  moneys  collected from taxes imposed by sections one hundred
  eighty-three and one hundred eighty-four of this chapter  subsequent  to
  June  thirtieth,  nineteen  hundred  eighty-two,  sixty percent shall be
  deposited  pursuant  to  the   provisions   of   section   one   hundred
  seventy-one-a of this chapter, provided that after April first, nineteen
  hundred  ninety-six,  fifty-two  percent  of such moneys collected on or
  after such date shall be so deposited;  provided,  further,  that  after
  January first, nineteen hundred ninety-seven, fifty and one-half percent
  of  such  moneys  collected on or after such date shall be so deposited;
  provided,  further,  that  after   January   first,   nineteen   hundred
  ninety-eight,  forty-six  percent  of  such moneys collected on or after
  such date shall be so deposited; provided, further, that  after  January
  first,  two  thousand, thirty-six percent of such moneys collected on or
  after such date shall be so deposited;  provided,  further,  that  after
  January first, two thousand one, twenty percent of such moneys collected
  on  or  after  such  date shall be so deposited; and the balance of such
  collections shall be deposited  in  the  mass  transportation  operating
  assistance  fund  to  the credit of the metropolitan mass transportation
  operating assistance  account;  provided,  however,  for  taxable  years
  commencing  on  or after January first, nineteen hundred eighty-five and
  ending on or before December thirty-first, nineteen hundred eighty-nine,
  all of the moneys collected from the tax imposed by section one  hundred
  eighty-four  of  this  chapter on corporations, joint-stock companies or
  associations formed  for  or  principally  engaged  in  the  conduct  of
  telephone   or  telegraph  business  shall  be  deposited  in  the  mass
  transportation  operating  assistance  fund  to  the   credit   of   the
  metropolitan  mass  transportation  operating  assistance  account;  and
  provided, further, that the actual  amount  of  moneys  from  the  taxes
  imposed by sections one hundred eighty-three and one hundred eighty-four
  of  this  chapter  which  shall be deposited in such mass transportation
  operating assistance  fund  to  the  credit  of  the  metropolitan  mass
  transportation   operating   assistance   account,   pursuant   to  this
  subdivision, during the twelve month period from April  first,  nineteen
  hundred  eighty-five,  to  and  including  March  thirty-first, nineteen
  hundred eighty-six, shall  not  be  less  than  sixty  million  dollars;
  provided,  further,  that  for  the  twenty-four month period from April
  first,  nineteen   hundred   ninety-four,   to   and   including   March
  thirty-first,  nineteen  hundred ninety-six, of the moneys so collected,
  sixty percent shall be deposited in the general  fund  pursuant  to  the
  provisions  of  section  one  hundred  seventy-one-a  of  this  chapter,
  thirty-four and four-tenths percent shall be deposited  in  the  revenue
  accumulation  fund and five and six-tenths percent shall be deposited in
  such mass transportation operating assistance fund to the credit of such
  metropolitan mass transportation operating assistance account.
    * NB Effective March 31, 2015

    * 3. From the moneys collected from the taxes imposed by sections  one
  hundred  eighty-three and one hundred eighty-four of this article on and
  after April first,  two  thousand  four,  after  reserving  amounts  for
  refunds  or  reimbursements,  twenty  percent  of  such  moneys shall be
  deposited  to  the credit of the dedicated highway and bridge trust fund
  established by section eighty-nine-b  of  the  state  finance  law.  The
  remainder  shall  be  deposited  in  the  mass  transportation operating
  assistance fund to the credit of the  metropolitan  mass  transportation
  operating  assistance account created pursuant to section eighty-eight-a
  of the state finance law.
    * NB Repealed March 31, 2015