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This entry was published on 2014-09-22
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SECTION 88-D
Airport improvement and revitalization fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 88-d. Airport improvement and revitalization fund. 1. There is
hereby established in the joint custody of the commissioner of taxation
and finance and the comptroller a fund to be known as the "airport
improvement and revitalization fund".

2. The airport improvement and revitalization fund shall consist of
moneys appropriated thereto, and funds transferred from any other fund
or source including the repayment of loans pursuant to section
fourteen-l of the transportation law.

3. Moneys in the airport improvement and revitalization fund shall be
kept separate from and shall not be commingled with any other moneys in
the custody of the commissioner of taxation and finance and the
comptroller. Such moneys shall only be disbursed pursuant to section
fourteen-l of the transportation law.