Statute · New York State Finance Law

N.Y. State Fin. Law § 92-ii — Metropolitan transportation authority capital assistance fund

N.Y. State Fin. Law § 92-ii

Type
Statute
Source
New York State Finance Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 92-ii. Metropolitan transportation authority capital assistance fund. 1. There is hereby established in the custody of the comptroller a special fund to be known as the metropolitan transportation authority capital assistance fund.

Citator

N.Y. State Fin. Law § 92-ii — Metropolitan transportation authority capital assistance fund is in force in the current edition of the Code, and nothing recorded condemns it.

§ 92-ii. Metropolitan transportation authority capital assistance fund. 1. There is hereby established in the custody of the comptroller a special fund to be known as the metropolitan transportation authority capital assistance fund.

2. Such fund shall consist of any monies directed thereto pursuant to the provisions of section three of part UUU of chapter fifty-eight of the laws of two thousand twenty and to the provisions of section three of the part of the chapter of the laws of two thousand twenty-five which amended this subdivision.

3. All monies deposited into the fund pursuant to part UUU of chapter fifty-eight of the laws of two thousand twenty and the part of the chapter of the laws of two thousand twenty-five which amended this subdivision 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 two 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 three of part UUU of chapter fifty-eight of the laws of two thousand twenty and by section three of such part of the chapter of the laws of two thousand twenty-five which amended this subdivision has been deposited into the fund.