N.Y. Private Activity Bond 47/90 § 3: Local agency set-aside

* § 3. Local agency set-aside. A set-aside of statewide ceiling for

local agencies for any calendar year shall be an amount which bears the

same ratio to one-third of the statewide ceiling as the population of

the jurisdiction of such local agency bears to the population of the

entire state. The commissioner shall administer allocations of such

set-aside to local agencies.

* NB Repealed January 1, 1991