N.Y. State Finance Law 92-JJ – Metropolitan transportation authority paratransit assistance fund
§ 92-jj. Metropolitan transportation authority paratransit assistance fund. 1. There is hereby established in the custody of the comptroller a special fund to be known as the metropolitan transportation authority paratransit assistance fund.
Terms Used In N.Y. State Finance Law 92-JJ
- 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. Such fund shall consist of any monies directed thereto pursuant to the provisions of § 7 of the part of the chapter of the laws of two thousand twenty which added this section.
3. All monies deposited into the fund pursuant to the part of the chapter of the laws of two thousand twenty which added this section shall be paid to the metropolitan transportation authority by the comptroller, without appropriation, for use in the same manner as the payments required by section six of such part, as soon as practicable but not more than five days from the date the comptroller determines that the full amount of the unpaid balance of any payment required by section seven of such part has been deposited into the fund.