Private Activity Bond § 7 · Title 1. Private Activity Bond Allocation Act of 1990
Overlapping jurisdictions
Text — Law content up to date as of September 22, 2014, as published by the New York State Senate (Open Legislation)
* § 7. Overlapping jurisdictions. In a geographic area represented by a county local agency and one or more sub-county local agencies, the allocation granted by section three of this act with respect to such area of overlapping jurisdiction shall be apportioned one-half to the county local agency and one-half to the sub-county local agency or agencies. Where there is a local agency for the benefit of a village within the geographic area of a town for the benefit of which there is a local agency, the allocation of the village local agency shall be based on the population of the geographic area of the village, and the allocation of the town local agency shall be based upon the population of the geographic area of the town outside of the village. Notwithstanding the foregoing, a local agency may surrender all or part of its allocation for such calendar year to another local agency with an overlapping jurisdiction. Such surrender shall be made at such time and in such manner as the commissioner shall prescribe. * NB Repealed January 1, 1991
Source of truth
- Edition
- Law content up to date as of September 22, 2014, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PAB7
- Text hash
- sha256 47d4210b9a291373e900d07aa3b57216efe600e2857edbeb5cece3f1bf236794
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
- The Senate's note "Repealed January 1, 1991" dates the end of this text, or of part of it, in the past; the Senate still prints it.
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