1. The Laws of New York
  2. Unconsolidated Laws
  3. Private Activity Bond 47/90
  4. Title 1: * Private Activity Bond Allocation Act of 1990


Section 3 Local agency set-aside

Private Activity Bond 47/90 (PAB)

A set-aside of statewide ceiling for local agencies for any calendar year shall be an amount which bears the same ratio to one-third of the statewide ceiling as the population of the jurisdiction of such local agency bears to the population of the entire state. The commissioner shall administer allocations of such set-aside to local agencies. * NB Repealed January 1, 1991