CERTAIN NEW YORK LIBERTY ZONE BENEFITS.

SEC. 309. CERTAIN NEW YORK LIBERTY ZONE BENEFITS. (a) Extension of Tax-Exempt Bond Financing.—Subparagraph (D) of section 1400L(d)(2) is amended by striking “2005” and inserting “2010”.118 STAT. 1180(b) Extension of Advance Refundings.—Section 1400L(e)(1) is amended by striking “2005” and inserting “2006”.(c) Clarification of Bonds Eligible for Advance Refunding.—Section 1400L(e)(2)(B) (relating to bonds described) is amended by striking “, or” and inserting “or the Municipal Assistance Corporation, or”.(d) Effective date.—The amendment made by subsection (c) shall take effect as if included in the amendments made by section 301 of the Job Creation and Worker Assistance Act of 2002.