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  • SECTION 179-H
    Determination of appropriations against which interest payments are to be charged
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  • ARTICLE 11-A
    Interest Payments On Certain Amounts Owed By State
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  • SECTION 179-J
    Disclaimer of state responsibility for interest payments incurred by contractors
    • This entry was published on 2014-09-22
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    SECTION 179-I

    Exclusion of interest from reimbursement rates

    State Finance (STF) CHAPTER 56, ARTICLE 11-A

    § 179-i. Exclusion of interest from reimbursement rates. Any interest
    paid to a contractor pursuant to the provisions of this article shall
    not be included as revenue for the purposes of determining any
    reimbursement rates applicable to such contractor.