Exclusion of interest from reimbursement rates

N.Y. State Finance Law § 179-I, under Interest Payments On Certain Amounts Owed By State.

N.Y. State Finance Law § 179-I

§ 179-i. Exclusion of interest from reimbursement rates. Any interest paid to a contractor pursuant to the provisions of this article shall not be included as revenue for the purposes of determining any reimbursement rates applicable to such contractor.