N.Y. TRA Law § 477
This is the official text of N.Y. TRA Law § 477, part of New York’s TRA Law — part of the compiled statutory law of New York, published by the state as "TRA Law." Browse the sections below, each linked to its official government source.
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Consistency with federal tax law
Official statutory text
* § 477. Consistency with federal tax law. All actions taken pursuant\nto this 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 * NB Not effective due to defeat of the Transportation Bond Act of\n2000\n
Status: in_force · Read it on the official government site
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