Whether a law allowing New York’s industrial development agencies to sell tax-exempt bonds for civic facilities and nonprofits is allowed to expire on the end of the month may depend on Gov. Eliot Spitzer.

Sen. Elizabeth Little, R-Queensbury, and her counterpart in the Assembly, Sam Hoyt, D-Buffalo, unable to work out a compromise, are looking to Spitzer for direction.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.