N.Y. State Finance Law 97-TT – Intervenor account
Current as of: 2024 | Check for updates
|
Other versions
§ 97-tt. Intervenor account. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance an account to be known as the intervenor account.
Terms Used In N.Y. State Finance Law 97-TT
- 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 account shall consist of all revenues received from siting application fees for electric major utility transmission facilities pursuant to § 122 of the public service law.
3. Moneys of the account, following appropriation by the legislature, may be expended in accordance with the provisions of § 122 of the public service law. Moneys shall be paid out of the account on the audit and warrant of the state comptroller on vouchers certified or approved by the chair of the public service commission.