N.Y. State Fin. Law § 97-tttt

* § 97-tttt. Restore mother nature bond fund. 1. There is hereby\nestablished in the joint custody of the state comptroller and the\ncommissioner of taxation and finance a special fund to be known as the\n"restore mother nature bond fund".\n 2. The state comptroller shall deposit into the restore mother nature\nbond fund all moneys received by the state from the sale of bonds and/or\nnotes for uses eligible pursuant to section four of the environmental\nbond act of 2022 "restore mother nature".\n 3. Moneys in the restore mother nature bond fund, following\nappropriation by the legislature and allocation by the director of the\nbudget, shall be available only for reimbursement of expenditures made\nfrom appropriations from the capital projects fund for the purpose of\nthe restore mother nature bond fund, as set forth in the environmental\nbond act of 2022 "restore mother nature".\n 4. No moneys received by the state from the sale of bonds and/or notes\nsold pursuant to the environmental bond act of 2022 "restore mother\nnature" shall be expended for any project until funds therefor have been\nallocated pursuant to the provisions of this section and copies of the\nappropriate certificates of approval filed with the chair of the senate\nfinance committee, the chair of the assembly ways and means committee\nand the state comptroller.\n * NB Takes effect only if section 1 of part TT of chapter 59 of the\nlaws of 2021 enacting the environmental bond act of 2022 "restore mother\nnature" is submitted to the people at the general election to be held in\nNovember 2022 and is approved by the majority of votes\n