All actions undertaken pursuant to this article shall be reviewed for
consistency with provisions of the federal internal revenue code and
regulations thereunder, in accordance with procedures established in
connection with the issuance of any tax exempt bonds pursuant to this
article, to preserve the tax exempt status of such bonds.
* NB Takes effect only if section 1 of part TT of chapter 59 of the
laws of 2021 enacting the "clean water, clean air, and green jobs
environmental bond act of 2022" is submitted to the people at the
general election to be held in November 2022 and is approved by the
majority of votes