New York Laws
Title 3 - Establishment, Management, Supervision and Financing
317-B - Amortization of a Portion of the Bills for Participating Employers for the Two Thousand Four--Two Thousand Five Fiscal Year.

(1) the entire February first, two thousand six bill, calculated
pursuant to section twenty-three-a of this article (without reference to
this section), less the "amount eligible for amortization" determined
pursuant to section three hundred seventeen-c of this article, if
applicable; and
(2) the first annual installment of the "amount eligible for
amortization" determined pursuant to this section.
c. The remaining amortized payments shall be due and payable on
February first of each year during the amortization period. The
comptroller shall have the authority to permit the pre-payment of the
remaining balance of the "amount eligible for amortization", subject to
the following:
(1) on or before November fifteenth, two thousand four in addition to
the amount due for the current year billing, the comptroller shall
advise each participating employer of the total amount due and be
authorized to accept pre-payment in full of said amount by February
first, two thousand five.
(2) on or before each November fifteenth thereafter, in addition to
the amount due for the current year billing and for the payment of the
annual amortized installment, the comptroller shall advise each
participating employer of the total amount still outstanding and be
authorized to accept the pre-payment of any balance remaining to be paid
by February first of the succeeding year.