TITLE

Carryfoward Cap Record

AUTHOR(S)
Barnett, Susanna Duff
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/26/2004, Vol. 348 Issue 31892, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that low interest rates and a continued weak economy, coupled with three years of increases in the private-activity bond volume cap, led states in the United States to carry forward a record amount of private-activity bond capacity from 2003 to 2004. Carryforward amount as the unused capacity from the three previous years that states are permitted under the tax law to roll over into the next year.
ACCESSION #
13224344

 

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