N.Y.
Tax Law Section 1197
Deposit and disposition of revenue
(a)
All taxes, fees, interest and penalties collected or received by the commissioner under § 1191 (Imposition of state-wide peer-to-peer tax)section eleven hundred ninety-one of this article shall be deposited and disposed of pursuant to the provisions of § 171-A (Deposit and disposition of revenue)section one hundred seventy-one-a of this chapter.(b)
All taxes, fees, interest and penalties collected or received by the commissioner under § 1192 (Imposition of metropolitan commuter transportation district tax)section eleven hundred ninety-two of this article shall be deposited and disposed into the corporate transportation account of the metropolitan transportation authority special assistance fund established by Public Authorities Law § 1270-A (Metropolitan transportation authority special assistance fund)section twelve hundred seventy-a of the public authorities law, to be applied as provided in paragraph (e) of subdivision four of such section.(c)
All taxes, fees, interest and penalties collected or received by the commissioner under § 1193 (Imposition of regional transportation tax)section eleven hundred ninety-three of this article shall be deposited and disposed into the public transportation systems operating assistance account established by State Finance Law § 88-A (Mass transportation operating assistance fund)section eighty-eight-a of the state finance law.
Source:
Section 1197 — Deposit and disposition of revenue, https://www.nysenate.gov/legislation/laws/TAX/1197 (updated Sep. 2, 2022; accessed Oct. 26, 2024).
