Public-domain · open source
OpenJurist

N.Y. State Fin. Law § 97-iii

Indirect cost recovery account

2014-09-22

§ 97-iii. Indirect cost recovery account. 1. There is hereby\nestablished in the joint custody of the state comptroller and the\ncommissioner of the department of taxation and finance an account of the\nmiscellaneous special revenue fund to be known as the indirect cost\nrecovery account.\n 2. Notwithstanding any other law, rule or regulation to the contrary,\nthe state comptroller is hereby authorized and directed to receive for\ndeposit to the credit of the indirect cost recovery account, charge\nbacks to the general fund - state purposes account, to special revenue\nfund - other, to special revenue funds - federal, and to internal\nservices funds; moneys recovered from the sale of department\npublications, fees for technical assistance services, fees for printing\nservices provided to other department units, other state agencies,\ngovernmental bodies and other entities; and fees collected from outside\nuse of department of education facilities.\n 3. Moneys of this account, following appropriation by the\nlegislature, shall be available to the state education department for\npolicy, legal and administrative services provided to other department\nunits, other state agencies, governmental bodies and other entities.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.