New York S01256 prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund.
New York S01256 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. These funds must be kept separate and can only be used for the designated purpose. The act takes effect immediately.
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