Renames the New York state musical instrument revolving fund to the New York state music grant fund and expands its use to include grants for.
The bill amends the state finance law to rename the New York state musical instrument revolving fund as the New York state music grant fund. It broadens the use of these funds to provide grants to not-for-profit symphony orchestras and other not-for-profit musical entities in the state. These entities must be organized for the presentation of performing arts and education in the performing arts for the public. The fund will consist of all monies appropriated, transferred, or required by law to be paid into it.
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