N.Y. State Finance Law 179-I – Exclusion of interest from reimbursement rates
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§ 179-i. Exclusion of interest from reimbursement rates. Any interest paid to a contractor pursuant to the provisions of this article shall not be included as revenue for the purposes of determining any reimbursement rates applicable to such contractor.
Terms Used In N.Y. State Finance Law 179-I
- Contractor: means any person, partnership, firm, corporation, or association:
a. See N.Y. State Finance Law 179-E