§ 3240. Payments to the corporation. 1. * Not less than one hundred\ntwenty days before the beginning of each fiscal year of the corporation\n(but not later than October first, nineteen hundred ninety, for the\nfiscal year ending March thirty-first, nineteen hundred ninety-one) the\nchairperson of the corporation shall certify to the state comptroller\nand to the governor a schedule of cash requirements for such fiscal\nyear. The total amount so certified for such fiscal year shall be equal\nto the total amount of the debt service then due on the bonds and notes\nof the corporation, including payments of interest and principal\n(including sinking fund payments) including payments required to be made\npursuant to section thirty-two hundred thirty-eight-a of this title,\ntogether with:\n * NB Effective until July 1, 2034\n * Not less than one hundred twenty days before the beginning of each\nfiscal year of the corporation (but not later than October first,\nnineteen hundred ninety, for the fiscal year ending March thirty-first,\nnineteen hundred ninety-one) the chairperson of the corporation shall\ncertify to the state comptroller and to the governor a schedule of cash\nrequirements for such fiscal year. The total amount so certified for\nsuch fiscal year shall be equal to the total amount of the debt service\nthen due on the bonds and notes of the corporation, including payments\nof interest and principal (including sinking fund payments), together\nwith:\n * NB Effective July 1, 2034\n (a) the amount, if any, due to any provider of any bond or note\nfacility, representing payments made by it as provided in the applicable\nresolution or trust indenture as a result of any previous failure of the\nstate to make any payment provided for in this section, including any\nrelated reasonable interest, fees or charges so provided,\n (b) the amount, if any, required to restore the capital reserve fund\nto the capital reserve fund requirement to the extent any deficiency\ntherein has resulted directly or indirectly from failure by the state to\nmake any payment provided for in this section,\n (c) the amount, if any, required to be rebated to the United States to\nprovide for continued federal tax exemption for bonds and notes of the\ncorporation, and\n (d) the expenses of the establishment and continued operating expenses\nof the corporation, but not in excess of one hundred thousand dollars,\nexclusive of trustees' fees, fees payable to providers of bond or note\nfacilities, fees for issuing and paying agents, remarketing agents and\ndealers, counsels, financial advisors, independent auditors, providers\nof interest rate exchange agreements, rating agencies, transfer or\ninformation agents, the publication of advertisements and notices,\nsurety arrangements, and printers; fees or charges incurred by the\ncorporation to comply with applicable federal and state securities or\ntax laws; and any other costs of issuance in excess of the amount\nprovided therefor in the proceeds of the sale of bonds or notes of the\ncorporation, to the extent that any of the foregoing amounts or expenses\nare not to be paid from other resources available to the corporation for\nsuch purpose.\n 1-a. The chairperson of the corporation may revise such certification\nat such times as shall be determined by the chairperson, provided,\nhowever, that the chairperson of the corporation shall revise such\ncertification not later than thirty days after the issuance of any bonds\nor notes of the corporation including refunding bonds, and the adoption\nof any interest rate exchange or other financial arrangement affecting\nthe cash requirements of the corporation.\n 2. The schedule accompanying such certification shall provide for\npayments on such dates as the corporation deems appropriate to ensure\nthat sufficient funds will be available from the sources identified in\nthis section to enable it to meet its current obligations as they become\ndue.\n 3. Upon r
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