STATE OPERATIONS

DEPARTMENT OF HEALTH--Cont.

tificate of approval issued by the direc-
tor of the budget with copies thereof
filed with the comptroller and the chair-
men of the senate finance committee and
the assembly ways and means committee. The
director of the budget shall not issue
such a certificate unless he shall have
determined that the amounts to be SO
transferred are receivable on account or
are otherwise readily available for pay-
ment. When making loans, the comptroller
shall establish appropriate accounts and
if the loan is not repaid by the end of
the month, provide on or before the fif-
teenth day of the following month to the
director of the budget and the chairmen of
the senate finance committee and the as-
sembly ways and means committee, an ac-
curate accounting and reporting of the
financial resources of each fund at the
end of such month. Within ten days of the
receipt of such accounting and reporting,
the director of the budget shall provide
to the chairmen of the senate finance com-
mittee and the assembly ways. and means
committee
an expected schedule of
repayment by fund and by source for each
outstanding loan. Repayment shall be made
by the comptroller by transfer
first cash receipts of this fund

of

the

5,557,000

5,557,000

47,000

47,000

For

MAINTENANCE UNDISTRIBUTED

services and expenses of inspecting, regulating, supervising and auditing hospital and nursing home companies incorporated and authorized under articles 28-a and 28-b of the public health law, from funds received pursuant to these activities.

The comptroller is hereby authorized and directed to loan money by transfer to this fund from the general fund or any other fund, which loans shall be limited to the amounts immediately required to meet disbursements, made in pursuance of an appropriation by law and authorized by a certificate of approval issued by the director of the budget with copies thereof filed with the comptroller and the chairmen of the senate finance committee and the assembly ways and means committee. The director of the budget shall not issue such a certificate unless he shall have determined that the amounts to be So transferred are receivable on account or are otherwise readily available for payment. When making loans, the comptroller shall establish appropriate accounts and if the loan is not repaid by the end of the month, provide on or before the fifteenth day of the following month to the director of the budget and the chairmen of the senate finance committee and the assembly ways and means committee, an accurate accounting and reporting of the financial resources of each fund at the end of such month. Within ten days of the receipt of such accounting and reporting, the director of the budget shall provide to the chairmen of the senate finance committee and the assembly ways and means

170,000

170,000