73 - Federal interest subsidy payments. - New York Statutes

§ 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, as authorized pursuant to the American Recovery and Reinvestment Act of 2009, as amended or pursuant to any successor authorization, to each respective debt service fund which relates to such bonds.