N.Y. State Finance Law § 73: Federal interest subsidy payments

§ 73. Federal interest subsidy payments. Notwithstanding any other

provision of law to the contrary, the comptroller shall deposit any

federal interest subsidy payments received by the state for

state-supported debt issued as build America bonds (BABs) or Qualified

School Construction Bonds (QSCBs), as authorized pursuant to the

American Recovery and Reinvestment Act of 2009 (ARRA), as amended or

pursuant to any successor authorization, to each respective debt service

fund which relates to such bonds.