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the New York Laws
2020 New York Laws
TRA - Transportation
Article 22 - Implementation of the Rebuild and Renew New York Transportation Bond Act of 2005
487 - Consistency With Federal Tax Law.
Universal Citation: NY Transp L § 487 (2020)
§ 487. Consistency with federal tax law. All actions taken pursuant to this article shall be reviewed for consistency with provisions of the federal internal revenue code and regulations thereunder, in accordance with procedures established in connection with the issuance of any tax exempt bonds pursuant to this article, to preserve the tax exempt status of such bonds.
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