N.Y. State Finance Law 97-SSSS – Leukemia, lymphoma and myeloma research, education and treatment fund
* § 97-ssss. Leukemia, lymphoma and myeloma research, education and treatment fund. 1. There is hereby established in the joint custody of the commissioner of taxation and finance and the comptroller, a special fund to be known as the "leukemia, lymphoma and myeloma research, education and treatment fund".
Terms Used In N.Y. State Finance Law 97-SSSS
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
2. Such fund shall consist of all revenues received by the department of taxation and finance, pursuant to the provisions of section two hundred nine-M and § 630-g of the tax law and all other moneys appropriated, credited, or transferred thereto from any other fund or source pursuant to law. Nothing contained in this section 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 commissioner of health shall provide a written report to the temporary president of the senate, the speaker of the assembly, the chair of the senate finance committee, the chair of the assembly ways and means committee, the chair of the senate committee on health, the 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 dispersed from the fund and the award process used for such disbursements;
(ii) recipients of awards from the fund;
(iii) the amount awarded to each recipient;
(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 leukemia, lymphoma and myeloma research, education and treatment projects. As used in this section, "leukemia, lymphoma and myeloma research, education and treatment projects" means research, education and treatment projects, including grants for leukemia, lymphoma and myeloma research, education and treatment, which, pursuant to § 2747 of the public health law, are approved by the department of health. Such grants may include, among others, grants to public and private hospitals, medical centers, medical schools and other organizations.
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.
* NB There are 2 § 97-ssss's