289-E - Deposit and disposition of revenue.

§  289-e. Deposit and disposition of revenue.  1. All taxes, interest,  penalties and fees collected or received by the commissioner  under  the  taxes   imposed  by  this  article,  except  as  provided  otherwise  in  subdivision two and subdivision three of this section and  sections  two  hundred    eighty-two-b,   two   hundred   eighty-two-c,   two   hundred  eighty-four-a and two hundred eighty-four-c, other than those imposed by  section two hundred eighty-four-b and the fee  imposed  by  section  two  hundred  eighty-four-d  and penalties and interest on such fee, shall be  deposited and disposed of pursuant to  the  provisions  of  section  one  hundred  seventy-one-a of this chapter; provided that an amount equal to  thirty-seven and one-half per  centum  of  the  moneys  collected  under  section  two  hundred  eighty-four of this chapter shall be appropriated  and used for the acquisition of property necessary for the  construction  and  reconstruction  of  highways  and  bridges or culverts on the state  highway system, and for the construction, maintenance and repair of such  highways and bridges  or  culverts,  all  under  the  direction  of  the  commissioner of transportation.    2.  All  taxes,  interest, penalties and fees collected or received by  the commissioner of  taxation  and  finance  after  March  thirty-first,  nineteen  hundred  ninety-three  under  the taxes imposed by section two  hundred eighty-four of this article shall be deposited in the  dedicated  highway  and  bridge  trust  fund  and  disposed  of pursuant to section  eighty-nine-b of the state finance law.    3. Subject to the provisions of section one hundred  seventy-one-a  of  this   chapter  relating  to  refunds  and  reimbursements,  all  taxes,  interest, penalties and fees collected or received by  the  commissioner  after  March  thirty-first,  two  thousand,  under  the taxes imposed by  section two hundred eighty-two-a of this article shall be  deposited  in  the dedicated fund accounts pursuant to subdivision (d) of section three  hundred one-j of this chapter.