(b) On or before November first, two thousand three and on or before
November first of each year thereafter, the director of the budget shall
determine the amount owed under this section by each public benefit
corporation. The director of the budget may reduce, in whole or part,
the amount of such assessment if the payment thereof would necessitate a
state appropriation for the purpose, or would otherwise impose an
extraordinary hardship upon the affected public benefit corporation. The
aggregate amount assessed under this section in any given state fiscal
year may not exceed sixty-five million dollars.
3. The state treasurer shall impose and collect such assessments,
which shall be paid no later than March thirty-first following the
imposition of the assessments, and pay the same into the state treasury
to the credit of the general fund.
3-a. A direct portion of these funds shall be allocated to fund the
authorities budget office established by section four of this chapter.
4. The provisions of subdivisions two and three of this section shall
not apply to any public benefit corporation which enters into a contract
or agreement with the director of the budget which otherwise provides
for cost recovery to the state and includes a provision that, in
accordance with this subdivision, subdivisions two and three of this
section shall not apply to such public benefit corporation. The
circumstances for the entry into such contract or agreement may include,
but shall not be limited to, the following:
(a) where such contract or agreement is for an amount which equals or
exceeds the amount of the assessment provided by subdivision two of this
section; or
(b) where the payment of all or a portion of the assessment provided
by subdivision two of this section would necessitate, in the judgment of
the director of the budget, an appropriation therefor by the state.
5. On or before June first, nineteen hundred ninety, and annually on
or before June first, the director of the budget shall report to the
respective chairpersons of the assembly ways and means committee and
senate finance committee the amount of cost recovery obtained pursuant
to this title and all contracts and agreements entered into pursuant to
subdivision four of this section for the state fiscal year ending on the
preceding March thirty-first.