New York S02251 amends the bond issuance charge for the New York City Housing Development Corporation.

New York S02251 amends the bond issuance charge for the New York City Housing Development Corporation. The bill specifies that the charge applies to bonds, notes, or other obligations issued by the corporation that require a new allocation from the current year's unified state bond volume ceiling of new private activity bond authority or a carry-forward of private activity bond authority. The charge must be paid to the state department of taxation and finance within fifteen days from the end of the month in which the bonds are issued.

New York S02251 amends the bond issuance charge for the New York City Housing Development Corporation.

New York S02251 amends the bond issuance charge for the New York City Housing Development Corporation. The bill specifies that the charge applies to bonds, notes, or other obligations issued by the corporation that require a new allocation from the current year's unified state bond volume ceiling of new private activity bond authority or a carry-forward of private activity bond authority. The charge must be paid to the state department of taxation and finance within fifteen days from the end of the month in which the bonds are issued.