New York S03381 amends the state finance law to allow the state comptroller to invest moneys in the state fish and game trust account.

New York S03381 amends the state finance law to allow the state comptroller to invest moneys in the state fish and game trust account. The bill specifies that the comptroller can invest these funds in securities to maximize income, consistent with the retirement and social security law. Any income earned from these investments, except for income transferred to the conservation fund, will be added to the state fish and game trust account. The act will take effect 30 days after becoming law, and necessary rules or regulations for implementation can be completed before that date.

New York S03381 amends the state finance law to allow the state comptroller to invest moneys in the state fish and game trust account.

New York S03381 amends the state finance law to allow the state comptroller to invest moneys in the state fish and game trust account. The bill specifies that the comptroller can invest these funds in securities to maximize income, consistent with the retirement and social security law. Any income earned from these investments, except for income transferred to the conservation fund, will be added to the state fish and game trust account. The act will take effect 30 days after becoming law, and necessary rules or regulations for implementation can be completed before that date.