New York § 17.03 Allocation of monies

New York Statutes

§ 17.03 — Allocation of monies

New York § 17.03

Law PARParks, Recreation and Historic Preservation

Art. 17Outdoor Recreation Development Bond Act

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Bluebook

N.Y. Parks, Recreation and Historic Preservation § 17.03 (2026).

Text

  § 17.03 Allocation of monies. The monies received by the state from\nthe sale of bonds sold pursuant to the outdoor recreation development\nbond act shall be expended pursuant to appropriations for (1) marine,\n(2) park, (3) historic site and (4) forest recreation projects, and for\n(5) municipal park projects in New York city and (6) municipal park\nprojects outside New York City. The director of the budget shall certify\nto the state comptroller on the first day of April of each year that\nportion of the outdoor recreation development bond act authorization\nestimated to be expended in the ensuing fiscal year for each of the\nabove purposes in fulfillment of capital construction development\nappropriations, and proceeds of the sale of outdoor recreation\ndevelopment bonds shall be so a

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§ 17.03 Allocation of monies. The monies received by the state from\nthe sale of bonds sold pursuant to the outdoor recreation development\nbond act shall be expended pursuant to appropriations for (1) marine,\n(2) park, (3) historic site and (4) forest recreation projects, and for\n(5) municipal park projects in New York city and (6) municipal park\nprojects outside New York City. The director of the budget shall certify\nto the state comptroller on the first day of April of each year that\nportion of the outdoor recreation development bond act authorization\nestimated to be expended in the ensuing fiscal year for each of the\nabove purposes in fulfillment of capital construction development\nappropriations, and proceeds of the sale of outdoor recreation\ndevelopment bonds shall be so allocated. Such certification may be\namended from time to time by the director of the budget. The director of\nthe budget shall file a copy of such certificate and each amendment\nthereof with the chairman of the senate finance committee, and the\nchairman of the assembly ways and means committee.\n