N.Y. STF Law § 97-III
This is the official text of N.Y. STF Law § 97-III, 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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Indirect cost recovery account
Official statutory text
§ 97-iii. Indirect cost recovery account. 1. There is hereby\nestablished in the joint custody of the state comptroller and the\ncommissioner of the department of taxation and finance an account of the\nmiscellaneous special revenue fund to be known as the indirect cost\nrecovery account.\n 2. Notwithstanding any other law, rule or regulation to the contrary,\nthe state comptroller is hereby authorized and directed to receive for\ndeposit to the credit of the indirect cost recovery account, charge\nbacks to the general fund - state purposes account, to special revenue\nfund - other, to special revenue funds - federal, and to internal\nservices funds; moneys recovered from the sale of department\npublications, fees for technical assistance services, fees for printing\nservices provided to other department units, other state agencies,\ngovernmental bodies and other entities; and fees collected from outside\nuse of department of education facilities.\n 3. Moneys of this account, following appropriation by the\nlegislature, shall be available to the state education department for\npolicy, legal and administrative services provided to other department\nunits, other state agencies, governmental bodies and other entities.\n
Status: in_force · Read it on the official government site
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