N.Y. State Finance Law 97-LLL – Vocational rehabilitation fund
§ 97-lll. Vocational rehabilitation fund. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of the department of taxation and finance a fund to be known as the vocational rehabilitation fund.
Terms Used In N.Y. State Finance Law 97-LLL
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
2. There is hereby established in the joint custody of the state comptroller and the commissioner of the department of taxation and finance two accounts of the vocational rehabilitation fund to be known as:
(a) the workers' compensation death benefit accounts. Expenditures from this account shall support services and expenses of the special workers' compensation program. Notwithstanding any other law, rule or regulation to the contrary, the comptroller is hereby authorized and directed to deposit to the credit of this account all moneys collected pursuant to subdivision nine of section fifteen of the workers' compensation law; and
(b) the workers' compensation evaluation fees account. Expenditures from this account shall support rehabilitation services for injured workers. Notwithstanding any other law, rule or regulation to the contrary, the comptroller is hereby authorized and directed to deposit to the credit of this account fees charged to insurance carriers in accordance with a fee schedule adopted by the board of regents.
3. Moneys of the accounts established in subdivision two of this section, following appropriation by the legislature, shall be available to the state education department for services and expenses of the special workers' compensation program.