NY A11217

Increases the bond issuance limit for Nassau County interim finance authority from $400 million to $800 million for financeable county costs resulting from certiorari proceedings commenced on or after June 1, 2000, and removes specific annual issuance caps that previously applied to fiscal years 2006 and 2007.

Extends the authority's period to issue new bonds from December 31, 2007 to December 31, 2021.

Extends the final maturity date for all authority bonds from January 31, 2036 to January 31, 2041, while maintaining a maximum 30-year maturity period from the date of bond issuance.

Maintains the existing $415 million bond limit for other financeable costs and the $400 million limit for certiorari proceedings commenced before June 1, 2000.