New York Statutes
§ 487 — Consistency with federal tax law
New York·Law TRA Transportation·Art. 22 Implementation of the Rebuild and Renew New York Transportation Bond Act of 2005
§ 487. Consistency with federal tax law. All actions taken pursuant to\nthis article shall be reviewed for consistency with provisions of the\nfederal internal revenue code and regulations thereunder, in accordance\nwith procedures established in connection with the issuance of any tax\nexempt bonds pursuant to this article, to preserve the tax exempt status\nof such bonds.\n
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