N.Y. STF Law § 90
This is the official text of N.Y. STF Law § 90, part of New York’s STF Law — part of the compiled statutory law of New York, published by the state as "STF Law." Browse the sections below, each linked to its official government source.
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New York state department of transportation highway safety program fund
Official statutory text
§ 90. New York state department of transportation highway safety\nprogram fund. 1. There is hereby established in the joint custody of the\ncommissioner of taxation and finance and the comptroller a fund to be\nknown as the "New York state department of transportation highway safety\nprogram fund".\n 2. The fund shall consist of (a) all fines or penalties collected in\nproceedings in a court or administrative tribunal which results in a\nconviction for a violation of section fourteen-f or subdivision two of\nsection one hundred forty of the transportation law, and (b) all moneys\ndeposited into the fund by the commissioner of transportation resulting\nfrom revenue contracts for parkway towing and emergency road services,\nlease income, gas station net revenue, and sale of property or assets on\nparkways designated in law as special parkways.\n 3. Moneys in the New York state department of transportation highway\nsafety program fund may be invested by the comptroller pursuant to the\nprovisions of section ninety-eight-a of this article and any income\nreceived by the comptroller from such investments shall be added to and\nbecome part of, and shall be used for the purposes of such fund. All\ndeposits of such money shall, if required by the comptroller, be secured\nby obligations of the United States or of the state of market value\nequal at all times to the amount of the deposit and all banks and trust\ncompanies are authorized to give such securities for such deposits.\n 4. Moneys of the fund, following appropriation by the legislature,\nshall be allocated upon a certificate of approval of availability by the\ndirector of the budget solely for the purposes set forth in this\nsection.\n 5. Fifty percent of the moneys in the fund received pursuant to\nsection fourteen-f or subdivision two of section one hundred forty of\nthe transportation law shall be transferred to the general fund of the\nstate on or before the last day of the state's fiscal year. All other\nmoneys in the fund shall be made available pursuant to appropriation\nfor, but not limited to, administration and enforcement of the highway\nsafety program and related purposes, including, but not limited to, the\npurchase of highway safety equipment.\n
Status: in_force · Read it on the official government site
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