§ 3857-a. Efficiency incentive grants. By November tenth, two thousand
five, the city shall develop and submit to the authority a plan for
achieving recurring savings through innovations and reengineering.
Subject to appropriations therefor in the state fiscal years two
thousand six--two thousand seven through two thousand ten--two thousand
eleven, the authority shall provide grants to support such city cost
saving activities. State funding during such five year period shall not
exceed fifty million dollars, or ten million dollars annually, for
grants provided pursuant to this section and section thirty-nine hundred
fifty-seven-a of this article. Provided further, copies of such city
plan shall be submitted to the director of the budget, the chair of the
state senate finance committee and the chair of the state assembly ways
and means committee.