New York Statutes

§ 2799-BB — Definitions

New York·Law PBA Public Authorities·Title 33 New York City Transitional Finance Authority·Art. 8 Miscellaneous Authorities
§ 2799-bb. Definitions. For the purposes of this title, unless the\ncontext otherwise requires:\n 1. "Alternative revenues" means (i) sales and compensating use taxes\nthat the city is authorized by the state to impose and (ii) taxes\nimposed pursuant to section eleven hundred seven of the tax law.\n 2. "Authority" or "New York city transitional finance authority" means\nthe public benefit corporation created by this title.\n 3. "Bonds" means bonds, notes and other evidences of indebtedness,\nissued by the authority.\n 4. "Capital financing need" means a period during which and only the\nextent to which the issuance of bonds in accordance with this title\nwould assist the city in meeting its capital needs as determined by the\nmayor pursuant to section twenty-seven hundred ninety-nin

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