New York: Revenue Sources
State Finance Law 95-d
1. There is hereby established
in the joint custody of the commissioner of taxation and finance and the
comptroller, a special fund to be known as the "life pass it on trust
fund".
2. Such fund shall consist of all revenues received pursuant to the
provisions of section four hundred four-u of the vehicle and traffic law
and all other moneys appropriated, credited, or transferred thereto from
any other fund or source pursuant to law. Nothing contained in this
section shall prevent the state from receiving grants, gifts or bequests
for the purposes of the fund as defined in this section and depositing
them into the fund according to law.