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Legislative Memo

BILL:

S.3328 (Ranzenhofer)/A.8164 (Peoples-Stokes)

Support

SUBJECT:

Bond Issuance Charges Exemption – NFTA

 

DATE:

May 17, 2016

 

The Business Council of New York State supports S.3328/A.8164, which would amend the public authorities law in relation to exempting the Niagara Frontier Transportation Authority (NFTA) from bond issuance charges as currently required by the law under section 2976. The Business Council’s specific reasons for supporting S.3328/A.8164 include the following:

For these reasons, The Business Council strongly SUPPORTS the passage of S.3328/A.8164.