New York S05442 authorizes the state comptroller to refund all or any part of state bonds when it is to the advantage of the state.
New York S05442 amends the state finance law to allow the state comptroller to refund all or any part of state bonds when it is to the advantage of the state. This change provides the comptroller with the flexibility to manage state debt more effectively by redeeming bonds early under favorable conditions. The act takes effect immediately upon being signed into law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.