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SECTION 6
Access to employment opportunities
Private Activity Bond 47/90 (PAB) CHAPTER ROOT, TITLE 1
* § 6. Access to employment opportunities. 1. All issuers shall
require that any new employment opportunities created in connection with
industrial or manufacturing projects financed through the issuance of
qualified small issue bonds shall be listed with the New York state
department of labor job service division, and with the administrative
entity of the service delivery area created pursuant to the Job Training
Partnership Act (Pub. L. 97-300) in which the project is located. Such
listing shall be in a manner and form prescribed by the commissioner.
All issuers shall further require that for any new employment
opportunities created in connection with an industrial or manufacturing
project financed through the issuance of qualified small issue bonds by
such issuer, industrial or manufacturing firms shall first consider
persons eligible to participate in Federal Job Training Partnership Act
(Pub. L. 97-300) programs who shall be referred to the industrial or
manufacturing firm by administrative entities of service delivery areas
created pursuant to such act or by the job service division at the
department of labor. Issuers of qualified small issue bonds are required
to monitor compliance with the provisions of this section as prescribed
by the commissioner.

2. Nothing in this section shall be construed to require users of
qualified small issue bonds to violate any existing collective
bargaining agreement with respect to the hiring of new employees.
Failure on the part of any user of qualified small issue bonds to comply
with the requirements of this section shall not affect the allocation of
bonding authority to the issuer of the bonds or the validity or tax
exempt status of such bonds.
* NB Repealed January 1, 1991