Relates to the bond issuance charge

This bill requires the New York City Housing Development Corporation (NYCHDC) to pay a bond issuance charge to the state when issuing certain bonds. Specifically, it applies to bonds needing new allocation from the state's annual bond volume ceiling or a carry-forward of private activity bond authority. The charge must be paid to the State Department of Taxation and Finance within 15 days after the month the bonds are issued. This change modifies existing law to clarify and apply the charge solely to NYCHDC's qualifying bond issuances.