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N.Y. STF Law § 99-BB*3

This is the official text of N.Y. STF Law § 99-BB*3, 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 secure choice administrative fund

Official statutory text

* § 99-bb. New York state secure choice administrative fund. 1. There\nis hereby established within the joint custody of the commissioner of\ntaxation and finance and the state comptroller in consultation with the\nNew York state secure choice savings program board, a new fund to be\nknown as the New York state secure choice administrative fund.\n 2. The New York state secure choice savings program board shall use\nmoneys in the administrative fund to pay for administrative expenses it\nincurs in the performance of its duties under the New York state secure\nchoice savings program pursuant to article forty-three of the general\nbusiness law.\n 3. The New York state secure choice savings program board shall use\nmoneys in the administrative fund to cover start-up administrative\nexpenses it incurs in the performance of its duties under article\nforty-three of the general business law.\n 4. The administrative fund may receive any grants or other moneys\ndesignated for administrative purposes from the state, or any unit of\nfederal or local government, or any other person, firm, partnership, or\ncorporation. Any interest earnings that are attributable to moneys in\nthe administrative fund must be deposited into the administrative fund.\n * NB There are 5 § 99-bb's\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.