* § 99-mm. Emergency rental assistance municipal corporation allocation fund. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance a trust and agency fund known as the "emergency rental assistance municipal corporation allocation fund." Municipal corporations, as defined in section two of the general municipal law, that have received a federal allocation from the United States treasury for emergency rental assistance authorized pursuant to section 501 of the Consolidated Appropriations Act of 2021, Pub.L. 116-260 § 501 and section 3201 of the American Rescue Plan Act of 2021, Pub.L. 117-2 § 3201, and any other federal funds made available for the same purpose and that choose to participate in the statewide emergency rental assistance program pursuant to a plan approved by the office of temporary and disability assistance and the division of the budget, may deposit such allocations into the emergency rental assistance municipal corporation fund as directed by the director of the budget.

2. The monies of the fund shall be paid, without appropriation, to provide authorized benefits to eligible households of the respective municipal corporation from which monies were received in accordance with subdivision one of this section.

* NB Repealed September 30, 2025