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This entry was published on 2020-04-24
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SECTION 92-II
Metropolitan transportation authority capital assistance fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 92-ii. Metropolitan transportation authority capital assistance
fund. 1. There is hereby established in the custody of the comptroller
a special fund to be known as the metropolitan transportation authority
capital assistance fund.

2. Such fund shall consist of any monies directed thereto pursuant to
the provisions of section three of the part of the chapter of the laws
of two thousand twenty which added this section.

3. All monies deposited into the fund pursuant to the part of the
chapter of the laws of two thousand twenty which added this section
shall be paid to the metropolitan transportation authority by the
comptroller, without appropriation, for use in the same manner as the
payments required by section two of such part, as soon as practicable
but not more than five days from the date the comptroller determines
that the full amount of the unpaid balance of any payment required by
section three of such part has been deposited into the fund.