§ 97-H — Lake George park trust fund

New York § 97-H

• Jurisdiction: New York
• Law STF: State Finance
• Art. 6: Funds of the State

Text

§ 97-h. Lake George park trust fund. 1. There is hereby established in\nthe joint custody of the state comptroller and the commissioner of\ntaxation and finance a fund to be known as the Lake George park trust\nfund.\n 2. Such fund shall consist of all moneys appropriated for the purpose\nof such fund and all moneys transferred to such fund pursuant to law\nincluding section 43-0125 of the environmental conservation law and\nsection two thousand two hundred thirty-one of the vehicle and traffic\nlaw. Any interest earned by the investment of moneys in such fund shall\nbe added to such fund, become a part of such fund, and be used for the\npurpose of such fund.\n 3. Moneys of such fund shall be available for appropriation and\nallocation only to the Lake George park commission for the purposes of\ncarrying out the provisions of article forty-three of the environmental\nconservation law and for the acquisition by the commission of integral\nenvironmental areas and open space resources within the Lake George park\nor for grants to municipalities or nonprofit land trusts within such\npark for the purposes of such acquisition.\n 4. The moneys of the fund shall be paid out on the audit and warrant\nof the comptroller on vouchers certified or approved by the chairman of\nthe Lake George park commission or his duly designated representative.\n 5. Notwithstanding the provisions of any general or special law, no\nmoneys shall be available from the fund until a certificate of\nallocation and a schedule of amounts to be available therefor shall have\nbeen issued by the director of the budget, and a copy of such\ncertificate filed with the comptroller. Such certificate may be amended\nfrom time to time by the director of the budget and a copy of each such\namendment shall be filed with the comptroller.\n