New attempt to allow Mangano to bypass NIFA

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Senate Republicans are reviving a last-minute push to allow Nassau County to bypass a financial control board to borrow millions of dollars to pay overdue tax refunds, after an earlier attempt went nowhere.

Republicans, led by Senate Majority Leader Dean Skelos (R-Rockville Centre), introduced a bill before midnight Monday that would permit Nassau to borrow up to $120 million without approval from the county legislature or the Nassau Interim Finance Authority.

In doing so, Republicans just beat the deadline for introducing a bill and getting the Legislature to vote on it before they are scheduled to adjourn for the year on Thursday.

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Nassau County Executive Edward Mangano has been lobbying for help in paying $41 million in property-tax refunds due at the end of the month, after the county legislature refused to give him the two-thirds majority needed for borrowing.

This is Republicans second attempt to aid Mangano. A similar bill that was rolled out on June 8 gained little traction in the Democrat-led Assembly or with Gov. Andrew M. Cuomo.

The difference this time is that the new bill caps borrowing at $120 million. The previous bill had no limit.

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