House Approves Tax Credits for JFK Rail Link in N.Y.C

Cataldo, Adam L.
August 2006
Bond Buyer;8/1/2006, Vol. 358 Issue 32435, p31
Trade Publication
The article reports that the U.S. House of Representatives has approved legislation offering $1.75 billion in tax credits for the construction of a proposed rail line connecting Lower Manhattan to John F. Kennedy International Airport and Long Island. If approved at the Senate, the tax credits would be utilized by the Liberty Zone development area, and agencies and instrumentalities of New York State and New York City.


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