New York State Finance Law Section 79 - World Trade Center memorial foundation fund.

  79. World Trade Center memorial foundation fund. 1. There is hereby
  established in the sole custody of  the  commissioner  of  taxation  and
  finance  a  special fund to be known as the "World Trade Center memorial
  foundation fund". Monies in the fund shall be kept separate from and not
  commingled with other funds held in the sole custody of the commissioner
  of taxation and finance.
2. Such fund shall consist of all revenues received by the  department
  of  taxation  and  finance  pursuant  to  the provisions of sections two
  hundred nine-F and six hundred thirty-a of the tax  law  and  all  other
  money appropriated, credited, or transferred thereto from any other fund
  or  source  pursuant  to law. Nothing contained herein shall prevent the
  state from receiving grants, gifts or bequests for the purposes  of  the
  fund  as  defined  in  this  section  and  depositing them into the fund
  according to law.
2-a. On or before the first day of February each year, the chairman of
  the board of directors of the World  Trade  Center  memorial  foundation
  shall provide a written report to the temporary president of the senate,
  speaker of the assembly, chair of the senate finance committee, chair of
  the  assembly  ways  and  means committee, the state comptroller and the
  public. Such report shall include  how  the  monies  of  the  fund  were
  utilized during the preceding calendar year, and shall include:
(i)  the amount of money dispersed from the fund and the award process
  used for such disbursements;
(ii) recipients of awards from the fund;
(iii) the amount awarded to each;
(iv) the purposes for which such awards were granted; and
(v) a summary financial plan  for  such  monies  which  shall  include
  estimates  of  all  receipts  and  all disbursements for the current and
  succeeding fiscal years, along with the actual results  from  the  prior
  fiscal year.
3. Monies of the fund shall be expended only for costs associated with
  the  construction,  installation and operation of the World Trade Center
  memorial. Monies shall be payable from the fund by the  commissioner  of
  taxation  and  finance on vouchers approved by the chairman of the board
  of directors of the World Trade Center memorial foundation.

Last modified: February 3, 2019