N.Y. State Finance Law 92-Q – Housing assistance fund
* § 92-q. Housing assistance fund. 1. There is hereby established in the joint custody of the state comptroller and commissioner of taxation and finance a fund to be known as the "housing assistance fund".
Terms Used In N.Y. State Finance Law 92-Q
- 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. The housing assistance fund shall be classified by the comptroller within the capital projects fund type and shall consist of all moneys collected therefor or credited, appropriated or transferred thereto from any other fund or source pursuant to law or any other moneys made available for the purposes of the fund.
3. Moneys of the fund may be invested by the state comptroller and income from such investments shall be credited to the general fund.
4. Moneys of the fund shall be appropriated by the legislature and paid out pursuant to the terms of such appropriation.
* NB There are 2 § 92-q's