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This entry was published on 2023-05-12
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School tax relief fund
State Finance (STF) CHAPTER 56, ARTICLE 6
* § 97-rrr. School tax relief fund. 1. There is hereby established in
the joint custody of the comptroller and the commissioner of taxation
and finance a special fund to be known as the school tax relief fund.

2. Such fund shall consist of all monies credited or transferred
thereto from the general fund or from any other fund or sources pursuant
to law.

3. The monies in such fund shall be appropriated for school property
tax exemptions granted pursuant to the real property tax law and payable
pursuant to section thirty-six hundred nine-e of the education law.

4. All payments from the fund shall be made on the audit and warrant
of the comptroller on vouchers approved by the commissioner of the state
education department.

5. Notwithstanding the provisions of section one hundred seventy-one-a
of the tax law, as separately amended by chapters four hundred
eighty-one and four hundred eighty-four of the laws of nineteen hundred
eighty-one, and notwithstanding the provisions of chapter ninety-four of
the laws of two thousand eleven, or any other provisions of law to the
contrary, during the fiscal year beginning April first, two thousand
twenty-three, the state comptroller is hereby authorized and directed to
deposit to the fund created pursuant to this section from amounts
collected pursuant to article twenty-two of the tax law and pursuant to
a schedule submitted by the director of the budget, up to $1,716,913,000
as may be certified in such schedule as necessary to meet the purposes
of such fund for the fiscal year beginning April first, two thousand

* NB There are 2 § 97-rrr's