1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance a fund to be known as the firearm violence research fund. 2. The firearm violence research fund shall consist of all moneys credited or transferred thereto from any other fund or source, including any federal, state, or private funds, pursuant to law for the purposes of firearm violence research. 3. Moneys in the firearm violence research fund may be invested by the comptroller pursuant to section ninety-eight-a of this article, and any income received by the comptroller shall be used for the purposes of such fund. 4. The moneys held in or credited to the fund shall be expended for the purposes set forth in this section, and may not be interchanged or commingled with any other account or fund but may be commingled with any other fund or account for investment purposes. 5. Moneys in the firearm violence research fund, following appropriation by the legislature, shall be available to the New York firearm violence research institute for its activities as set forth in section three hundred fifty-five-e of the education law.
New York Legal Code