NASACT Asks TBMA to Collect Bond Fees From States for GASB

Hume, Lynn
July 2003
Bond Buyer;7/1/2003, Vol. 345 Issue 31668, p1
Trade Publication
Reports that Washington State-based National Association of State Auditors, Comptrollers and Treasurers (NASACT) has asked The Bond Market Association to collect bond fees from state issuers and deposit the same in a new nonprofit organization Government Standards Accounting Board (GASB), as of July 1, 2003. Apprehensions shown by GASB towards the proposal of NASACT; Factors that led to the decision of NASACT; Terms and conditions of the resolution passed by NASACT regarding collection of bond fees.


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