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total revenues

appropriation shall not exceed the

deposited in the municipal assistance state aid fund pursuant to the provisions of section 92-e of the state finance law

562,520,000

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For payment, pursuant to the provisions of chapter eight hundred fifty-one of the laws of 1983, to the New York state musical instrument revolving fund

NEW YORK STATE SCIENCE AND TECHNOLOGY FOUNDATION

General fund

local assistance account

HIGH TECHNOLOGY PROGRAM

sub

For services and expenses related to the
Centers for Advanced Technology Program
for matching grants to designated Centers
for Advanced Technology pursuant to
division three of section thirty-one hun-
dred two-a of the public authorities law
For the Foundation Revolving Loan and In-
vestment Fund and other corporate purposes..
For matching grants to Technology Develop-
ment Organizations to be awarded on a com-
petitive basis in accordance with
provisions of section 4 of chapter 197 of
the laws of 1981 provided that at least
half of the funds hereby appropriated
shall only be available for grants to a
Technology Development Organization that

has

the

not previously received grants pursuant to the provisions of such chapter and provided further that any grants pursuant to Technology Development Organizations that have previously received grants pursuant to the provisions of such chapter shall at the very least be matched on a two-for-one basis by funds obtained from other sources and that any grants awarded to Technology Development Organizations that have not previously received grants pursuant to the provisions of such chapter shall at least be matched on a dollar-fordollar basis by funds obtained from other

sources

7,000,000

..800,000

100,000

100,000

10, 180,000

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For projects, services and expenses of the technology development projects undertaken in accordance with sections three thousand one hundred two and three thousand one hundred two-b of the public authorities law, provided, however, that the term project may include any land use improvement project, industrial project, or civic project where civic project shall be restricted to educational or public services facilities, as defined in the New York state urban development corporation act. Provided, further, that such undertakings shall be restricted to projects, services and expenses for business enterprises, scientific researchers, non-profit organizations or academic institutions which engage in or will engage in (i) the innovative application of advanced technology to the provision of new or existing products and or services; (ii) high technology industrial incubator space, where such space shall be for rental to business concerns which are in their formative stages and involve the development, application and production of new technological products and processes; (iii) research and development in areas related to product development and productivity improvement and (iv) capital improvements designed to improve productivity through the plication of advanced technology.

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No funds shall be made available from this appropriation until a plan established by the foundation is submitted to and approved by the director of the budget, with copies thereof filed with the chairman of the senate finance committee and the chairman of the assembly ways and means committee. The plan may be amended from time

8,379,000

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the

the

to time subject to the approval of the director of the
budget, with copies of such amendments submitted to
chairman of the senate finance committee and
chairman of the assembly ways and means committee
Total for agency aid to localities - all funds...

. 18,550,000

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For the payment of financial assistance to the city of Niagara Falls for unreimbursed interest costs on obligations issued in relation to the Love Canal. Such assistance shall be paid no earlier than April fifteenth, nineteen hundred eighty-five, but not later than June first, nineteen hundred eighty-five subject to the further provisions of chapter three hundred fifty-five of the laws of nineteen hundred eighty-four

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For payment as an advance to any city having a population greater than two hundred forty thousand but less than three hundred thousand subject to the terms and conditions of a written repayment agreement approved by the director of the budget

REGIONAL ECONOMIC DEVELOPMENT

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Miscellaneous Fund Local Assistance Account

For services and expenses for the Niagara Frontier
Economic Development and Technical Assistance Center
For services and expenses for the Hancock Field Re-Use
Planning Project

.252,000

.58,000

For services and expenses for the Adirondack North Country
Association ..

500,000

For services and expenses for the Susquehanna River Basin
Commission

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185,000

For services and

expenses for the Mohawk Valley Applied

Technology Commission

. 50,000

For services and expenses for the Niagara-Orleans Fishery
Economic Development Program

.500,000

For services and expenses for the Montgomery County
Economic Development Corporation

..60,000

For services and expenses for the Lackawana Special Building...

520,000

For services and expenses for the Buffalo Minority Enterprise Center

500,000

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For services and expenses for the Chautauqua County Indus-
trial Development Agency Rail Improvement Program
For services and expenses related to local economic
development programs, amount unallocated

...

of

For a working capital revolving loan fund for small and
medium size firms to be operated under the direction
the Western New York Economic Development Corporation ....
For costs related to the Southern Tier Economic Growth
program

Economic Development Program

All

state departments, agencies and authorities, for projects related to regional economic development, provided that the projects funded herein shall be in accordance with a regional economic development plan coordinated by the commissioner of the department of commerce, subject to the approval of the director of the budget, with copies of the approved plan filed with the chairman of the senate finance committee and the chairman of the assembly ways and means committee. Such plan shall include projects that: (i) have the potential to attract private investment; (ii) supplement investments or activities of other departments, departments, agencies, authorities, local governments or the federal government; or (iii) provide business development business development financing including local buyouts, employee ownership initiatives, start-up assistance for minority and women-owned busi

ness.

The director of the budget may apportion funds from this
appropriation to any departments, agencies and authori-
ties for these purposes provided such departments, agen-
cies, and authorities shall have entered into an
agreement providing for repayment to the state of the
amount appropriated on terms which may include interest
thereon at a rate to be determined by the director of
the budget, and a copy of each such agreement shall be
filed with the state comptroller and the chairmen of the
senate finance and assembly ways and means committees.
Notwithstanding the provisions of section forty-a of the
state finance law and any general or special law, in the
case of the urban development corporation, such
agreements shall not require repayments at any time or
on any terms inconsistent with the provisions of the New
York state urban development corporation act or the New
York state project finance agency act. Except, however,
that such departments, agencies and authorities may make
grants, pursuant to the regional economic development
plan, to projects using funds appropriated herein.
ject to the approval of the director of the budget and
that the repayment provision shall not apply to such
grants. The total value of grants shall not exceed fifty
percent of the funds appropriated herein.

200,000

865,000

1,000,000

250,000

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Το the extent

practicable and feasible, all projects financed with funds provided herein shall list all new jobs with the job service division of the department of labor and the local job training partnership act service delivery areas.

The state comptroller is hereby authorized to receive such departments, agencies and authorities reimbursement of monies expended from this appropriation and to deposit the same to the credit of the capital projects fund... (71068560)

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For transfer to the stock transfer incentive fund created pursuant to section 92-i of the state finance law for purposes of reimbursing the city of New York for one-half of the revenue loss resulting from rebates of stock transfer taxes and the expiration of the twenty-five percent surcharge on transactions subject to the stock transfer tax imposed by article 12 of the tax law, provided, however, that the maximum amount to be paid shall not exceed the amount provided in paragraph (b) of subdivision 6 of section 92-i of the state finance law, and provided further, however, that notwithstanding the provisions of paragraph (b) of subdivision 6 of section 92-i of the state finance law or any other law to the contrary, the amount paid from this appropriation to the stock transfer incentive fund shall constitute the complete liquidation of the state's obligation for such purposes. Notwithstanding the provisions of section 92-i of the state finance law or any other law to the contrary, upon receipt of the certification of the commissioner of taxation and finance provided for in subdivision four of such section 92-i for the calendar quarter ending June thirtieth, nineteen hundred eighty-five, the comptroller shall determine the amount payable by the state as one-half of the revenue loss to the city of New York for such calendar quarter as a result of the rebates of stock transfer taxes and the expiration of the twenty-five percent surcharge on transactions subject to the stock transfer tax. On October fifteenth, nineteen hundred eighty-five, the comptroller shall pay into the stock transfer incentive fund the lesser of two-thirds of the total amount so determined as payable pursuant to this appropriation or twothirds of the total amount appropriated herein. On December fifteenth, nineteen hundred eighty-five, the comptroller shall pay into the stock transfer incentive fund the difference between the amount determined as payable pursuant to this appropriation and the

5,000,000

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