§ 99-z. Cure childhood cancer research 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 "cure childhood
cancer research fund".

2. Such fund shall consist of all revenues received pursuant to the
provisions of section four hundred four-cc of the vehicle and traffic
law, all the revenues received by the department of taxation and finance
pursuant to section six hundred thirty-l of the tax law and all other
moneys appropriated, credited or transferred thereto from any other fund
or source pursuant to law. Nothing contained herein shall prevent the
state from receiving grants, gifts or bequests for the purposes of the
fund as defined in this section and depositing them into the fund
according to law.

2-a. On or before the first day of February each year, the comptroller
shall certify to the governor, temporary president of the senate,
speaker of the assembly, chair of the senate finance committee and chair
of the assembly ways and means committee, the amount of money deposited
in the cure childhood cancer research fund during the preceding calendar
year as the result of revenue derived pursuant to section four hundred
four-cc of the vehicle and traffic law and from grants, gifts and
bequests.

2-b. On or before the first day of February each year, the
commissioner of health shall provide a written report to the temporary
president of the senate, speaker of the assembly, chair of the senate
finance committee, chair of the assembly ways and means committee, chair
of the senate committee on health, chair of the assembly health
committee, the state comptroller and the public. Such report shall
include how the monies of the fund were utilized during the preceding
calendar year, and shall include:

(i) the amount of money disbursed from the fund and the award process
used for such disbursements;

(ii) recipients of awards from the fund;

(iii) the amount awarded to each;

(iv) the purposes for which such awards were granted; and

(v) a summary financial plan for such monies which shall include
estimates of all receipts and all disbursements for the current and
succeeding fiscal years, along with the actual results from the prior
fiscal year.

3. Monies of the fund shall be expended only for childhood cancer
research projects approved by the department of health in New York
state. As used in this section, the term "childhood cancer research
project" means scientific research into the causes, prevention,
screening, treatment and cure of childhood cancers.

4. Monies shall be payable from the fund on the audit and warrant of
the comptroller on vouchers approved and certified by the commissioner
of health.

5. To the extent practicable, the commissioner of health shall ensure
that all monies received during a fiscal year are expended prior to the
end of that fiscal year.