NY PUB HEALTH § 2807-u. Transfers for tax credits

Upon receipt of the report from the commissioner of taxation and finance required pursuant to and the report from the superintendent of financial services required pursuant to , the director of the budget shall forward such reports to the commissioner of health.  Within ten days of receipt of such reports, the commissioner of health or the commissioner of health's designee, from funds allocated for distribution in accordance with and of this article, shall pay over to the state comptroller for deposit into the state's general fund the amounts specified therein as representing (1) the amount of credits claimed under and (2) the amount by which taxes due and owing pursuant to were reduced because the amounts imposed and required to be paid pursuant to of this article were allowed as credits in assessing the taxes imposed by such .