New York A07440 prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund.
New York A07440 amends the state finance law by adding a new section 73-a, which prohibits the transfer of unexpended moneys from funds that receive revenues from a dedicated fee into any other fund. This law ensures that moneys in these funds remain separate and are only used for the designated purpose. The act takes effect immediately.
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