Repeals the rebates for stock transfer tax paid; dedicates funds of the stock transfer tax fund and stock transfer incentive fund to various funds; establishes the safe water and infrastructure action program.

Statutes affected:
A1494: 280-a tax law, 92-i state finance law, 93-b state finance law, 93-b(1) state finance law, 270 tax law, 270(3) tax law