N.Y. State Fin. Law § 73

Current through 2024 NY Law Chapter 457
Section 73 - Federal interest subsidy payments

Notwithstanding any other provision of law to the contrary, the comptroller shall deposit any federal interest subsidy payments received by the state for state-supported debt issued as build America bonds (BABs) or Qualified School Construction Bonds (QSCBs), as authorized pursuant to the American Recovery and Reinvestment Act of 2009 (ARRA), as amended or pursuant to any successor authorization, to each respective debt service fund which relates to such bonds.

N.Y. State Fin. Law § 73