§ 92-c. State lottery fund. 1. There is hereby established in the\njoint custody of the comptroller and the commissioner of taxation and\nfinance a special fund to be known as the state lottery fund.\n 2. Such fund shall consist of the state lottery revenues including\nthose revenues derived from lottery tickets sold for the support of\nwinter sports physical education in commemoration of the XIII olympic\nwinter games, if any, paid into the same by the division of the lottery\nas provided in section sixteen hundred twelve of the New York state\nlottery for education law, and all other moneys credited or transferred\nthereto from any other fund or sources pursuant to law. There shall be\nestablished within such fund an account to be known as the winter sports\nphysical education account which shall consist of state lottery revenues\npaid into the fund as derived solely from the sale of lottery tickets\nsold for the support of winter sports physical education in\ncommemoration of the XIII olympic winter games. Upon such establishment\nthere shall also be established within such fund a separate account, to\nbe known as the state lottery regular account, which shall consist of\nstate lottery revenues other than revenues derived from the sale of\nlottery tickets sold for the support of winter sports physical education\nin commemoration of the XIII olympic winter games. Such state lottery\nregular account shall also consist of any lottery revenues transferred\nfrom the winter sports physical education account to the state lottery\nregular account in the manner provided for in subdivision five of this\nsection.\n 3. The moneys in such fund shall be appropriated or transferred only\n(i) for repayment of first instance expenditures incurred in the\noperation of the state lottery, (ii) for the state fiscal year\ncommencing April first, nineteen hundred seventy-six only for the\npurpose of providing aid to pupils with special educational needs as\ndefined in paragraph e of subdivision one of section thirty-six hundred\ntwo of the education law, and pupils with handicapping conditions\nreceiving state financial support for programs delineated in paragraph f\nof subdivision one of section thirty-six hundred two, article\neighty-three, article eighty-five, article eighty-seven, article\neighty-eight, article eighty-nine, article forty and subdivision\nseventeen of section thirty-six hundred two of the education law, and\nfor any state fiscal year commencing after such nineteen hundred\nseventy-six fiscal year for the purpose of providing aid to all school\nchildren pursuant to the provisions of subdivision four of this section,\n(iii) for elementary and secondary education, (iv) for expenditures for\nmachines or other capital equipment which the division of the lottery is\nauthorized to purchase for the operation of the lottery and (v) for\npayment in the state fiscal years commencing April first, nineteen\nhundred seventy-seven, nineteen hundred seventy-eight and nineteen\nhundred seventy-nine into the winter sports education trust fund, as\ncreated in section four hundred ninety-five-a of article ten-C of the\neducation law, for the purposes of such fund in accordance with the\nprovisions of subdivision five of this section. Payments into such trust\nfund shall discontinue at such time as the sum of one hundred million\ndollars, in the aggregate, has been paid into such fund or upon March\nthirty-first, nineteen hundred eighty, whichever event occurs first.\nNothing herein shall prohibit the purchase of machines or other capital\nequipment from funds appropriated for expenditures under paragraph (i)\nhereof.\n 4. a. Moneys to be appropriated from the fund in any state fiscal\nyear, commencing on and after April first, nineteen hundred\nseventy-seven, for the purposes of providing aid pursuant to item (ii)\nof subdivision three of this section shall be apportioned and paid by\nthe education department no later than November fifteenth.\
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