Bill Extending Lapsed Internet Tax Moratorium Clears Congress
- Restructuring Won't Hurt Utility Debt, Stockton Says. Jensen, Randall // Bond Buyer;3/12/2012, Vol. 379 Issue 33677, p1
The article reports on the statement by the officials in Stockton, California regarding the restructuring of the general fund debts. According to Stockton officials, the restructuring will not damage the bonds tied to utility revenues, wherein the city has the money to cover the debt service for...
- DISTRICT OF COLUMBIA: Ready to Wear Debt Cap. Funk, Lynne // Bond Buyer;12/15/2008, Vol. 366 Issue 33023, p9
The article reports on the proposed bill that limits all forms of debt at 12 percent of the expenditures in the District of Columbia. The bill would increase the limit to 11 percent in 2009 and 1.8 percent in 2010 and 2011. Some of the council members also suggested to include general...
- A Tax Increase. Albanese, Elizabeth // Bond Buyer;9/9/2003, Vol. 345 Issue 31715, p31
Reports that members of the school board of Denver Public School (DPS) in Colorado were told that debt service associated with a $310 million bond referendum must legally be termed a tax increase. Rationale behind promotion of the plan by board members; Significance of approval of bond package...
- Property Tax Crunch in New Orleans. deSue, Tedra // Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p1
The article presents a problem foreseen for New Orleans, Louisiana in financing its service debt. The author stressed out the effect of Hurricane Katrina on the city's tax revenue collection. One of the coming service debt was the 9.1 billion dollars Gulf Opportunity bonds due on June 1, 2006....
- Puerto Rico Senate Rejects Sales Tax Plan; Leaders Fail to Move on Bond Bill. Kaske, Michelle // Bond Buyer;5/4/2007, Vol. 360 Issue 32622, p3
The article reports on the rejection of a bill to implement a 1.5 percent local sales tax by the Senate in Puerto Rico. The legislative leaders refused to move on a $500 million fiscal 2007 bond bill without passing the tax measure. The bill was rejected by lawmakers on a 17-to-9 vote. Under the...
- House Panel's Corporate Tax Bill Includes TOB Protection. Barnett, Susanna Duff // Bond Buyer;10/2/2003, Vol. 346 Issue 31749, p5
Reports that the U.S. House Ways and Means Committee will vote on a corporate tax-relief bill that includes a provision about tender-option bonds protection. Committee chairman Bill Thomas' introduction of the bill; Call for corporate tax cuts; Revenue-raising provisions of the bill.
- GFOA Panel Won't Yet Comment on NABL Tax Law Proposal. Kinnander, Ola // Bond Buyer;1/31/2002, Vol. 339 Issue 31315, p4
Reports on the extension of the U.S. Government Finance Officers Association's debt committee for taking a position on the National Association of Bond Lawyers' legislative proposal to make issuers responsible for tax law violations. Factors affecting the proposal's enactment; Provisions of the...
- THE BOND BUYER LEGISLATIVE STATUS REPORT. // Bond Buyer;11/13/2000, Vol. 334 Issue 31016, p33
Presents a chart depicting the bond buyer legislative status report in the United States. List of several tax legislations; Description of the existing law corresponding to the proposed law; Details on the status of the legislation.
- Kentucky Debt Coming. DeSue, Tedra // Bond Buyer;3/10/2005, Vol. 351 Issue 32087, p1
Reports on the development of a bill that will guard against doing damage to bond rating for debt service in Kentucky. Consideration of the bond proposal; Concern of Governor Ernie Fletcher about the amount of debt in budget; Amount of bond-funded projects.