§ 92-z. Revenue bond tax fund. 1. There is hereby established in the\njoint custody of the state comptroller and the commissioner of taxation\nand finance a fund within the general debt service fund to be known as\n"the revenue bond tax fund".\n 2. Such fund shall consist of (a) fifty percent of receipts from the\nimposition of personal income taxes pursuant to article twenty-two of\nthe tax law, less such amounts as the commissioner of taxation and\nfinance may determine to be necessary for refunds, (b) fifty percent of\nreceipts from the imposition of employer compensation expense taxes\npursuant to article twenty-four of the tax law, less such amounts as the\ncommissioner of taxation and finance may determine to be necessary for\nrefunds, and (c) fifty percent of receipts from the imposition of the\npass-through entity taxes pursuant to article twenty-four-A of the tax\nlaw, less such amounts as the commission of taxation and finance may\ndetermine to be necessary for refunds.\n 3. (a) Beginning on the first day of each month, the comptroller shall\ndeposit all of the receipts collected pursuant to section six hundred\nseventy-one of the tax law in the revenue bond tax fund until the amount\nof monthly receipts anticipated to be deposited pursuant to the\ncertificate required in paragraph (b) of subdivision five of this\nsection are met. On or before the twelfth day of each month, the\ncommissioner of taxation and finance shall certify to the state\ncomptroller the amounts specified in paragraph (a) of subdivision two of\nthis section relating to the preceding month and, in addition, no later\nthan March thirty-first of each fiscal year the commissioner of taxation\nand finance shall certify such amounts relating to the last month of\nsuch fiscal year. The amounts so certified shall be deposited by the\nstate comptroller in the revenue bond tax fund.\n (b) Beginning on the first day of each month, the comptroller shall\ndeposit all of the receipts collected pursuant to section eight hundred\nfifty-four of the tax law in the revenue bond tax fund until the amount\nof monthly receipts anticipated to be deposited pursuant to the\ncertificate required in paragraph (b) of subdivision five of this\nsection are met. On or before the twelfth day of each month, the\ncommissioner of taxation and finance shall certify to the state\ncomptroller the amounts specified in paragraph (b) of subdivision two of\nthis section relating to the preceding month and, in addition, no later\nthan March thirty-first of each fiscal year the commissioner of taxation\nand finance shall certify such amounts relating to the last month of\nsuch fiscal year. The amounts so certified shall be deposited by the\nstate comptroller in the revenue bond tax fund.\n (c) Beginning on the first day of each month, the comptroller shall\ndeposit all of the receipts collected pursuant to sections eight hundred\nsixty-four and eight hundred sixty-five of the tax law in the revenue\nbond tax fund until the amount of monthly receipts anticipated to be\ndeposited pursuant to the certificate required in paragraph (b) of\nsubdivision five of this section are met. On or before the twelfth day\nof each month, the commissioner of taxation and finance shall certify to\nthe state comptroller the amounts specified in paragraph (c) of\nsubdivision two of this section relating to the preceding month and, in\naddition, no later than March thirty-first of each fiscal year the\ncommissioner of taxation and finance shall certify such amounts relating\nto the last month of such fiscal year. The amounts so certified shall be\ndeposited by the state comptroller in the revenue bond tax fund.\n 4. Moneys in the revenue bond tax fund shall be kept separate and\nshall not be commingled with any other moneys in the custody of the\nstate comptroller and the commissioner of taxation and finance. All\ndeposits of such revenues shall, if required by the state comptroller,\nbe secured by obligati
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