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STATE OPERATIONS

BANKING DEPARTMENT--Cont.

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 es-
tablish 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 direc-
tor of the budget and the chairmen of the senate
finance committee and the assembly ways and means com-
mittee, 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 ac-
counting and reporting, the director of the budget
shall provide to the chairmen of the senate finance
committee and the assembly ways and means committee an
expected schedule of repayment of fund and by source
for each outstanding loan. Repayment shall be made by
the comptroller by transfer of the first cash receipts
of this fund.

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For services and expenses, including travel outside the state, in accordance with the following schedule

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26,011,000

16,325,400

=

4,083,000

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For services and expenses, including travel outside the
state, related to the regulation and promotion of the
cable television industry.
Notwithstanding any law to the contrary, the comptroller
is hereby authorized and directed to receive for depo-
sit to the credit of this fund any revenues which,
pursuant to law, are received by the agency for the
purpose of funding expenditures as authorized by this
appropriation.

The comptroller is further 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 disburse-
ments 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 cer-
tificate 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 appro-
priate 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 commit-
tee and the assembly 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

16,325,400

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