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This entry was published on 2014-09-22
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Environmental quality protection fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 97-a. Environmental quality protection fund. 1. There is hereby
established in the custody of the state comptroller a special fund to be
known as the "environmental quality protection fund".

2. Such fund shall consist of all moneys received by the state from
the sale of bonds pursuant to the environmental quality bond act of
nineteen hundred seventy-two together with all moneys paid to the state
by the federal government or a municipality pursuant to sections
51-0305, 51-0507, 51-0711 and 51-0907 of the environmental conservation

3. Moneys of the fund, following appropriation by the legislature and
allocation by the director of the budget, shall be available only for
reimbursement of expenditures made from appropriations in accordance
with the provisions of article six of the environmental conservation law
as amended.