N.Y. State Fin. Law § 97-WWW

Current through 2024 NY Law Chapter 553
Section 97-WWW - [Multiple versions] Consumer protection account
1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance an account within the miscellaneous special revenue fund to be known as the "consumer protection account."
2. Such account shall consist of all penalties received by the department of state pursuant to section three hundred ninety-nine-z of the general business law, section 16-106 of the energy law and any additional monies appropriated, credited or transferred to such account by the Legislature. Any interest earned by the investment of monies in such account shall be added to such account, become part of such account, and be used for the purposes of such account.
3. Monies in the account shall be available to the department of state for all costs and expenditures related to consumer protection activities.
4. Monies in the account shall be paid out of the account on the audit and warrant of the state comptroller on vouchers certified or approved by the department of state or any officer or employee designated by the secretary of state.

N.Y. State Fin. Law § 97-WWW

Amended by New York Laws 2022, ch. 374,Sec. 23, eff. 1/1/2023.