TITLE

Muni exemptions' price tag put at $25 billion for 2000

AUTHOR(S)
Ferris, Craig T.
PUB. DATE
February 1999
SOURCE
Bond Buyer;02/02/99, Vol. 327 Issue 30570, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the tax exemption for the interest paid on all municipal bonds will cost the United States government an estimated $25.1 billion in fiscal year 2000, according to President Bill Clinton's fiscal year 2000 budget plan estimates. Source of most of the revenue loss; Breakdown of the overall projections; Tax exemption for public-purpose bonds; Cost of municipal debts.
ACCESSION #
1520804

 

Related Articles

  • Price tag for 2001 muni exemptions put at $28.1 billion. Ferris, Craig T. // Bond Buyer;02/08/2000, Vol. 331 Issue 30824, p6 

    Reports on the fiscal 2001 budget proposed by United States President Bill Clinton. Revenue loss estimates for tax-exempt municipal bonds.

  • Muni exemption's price tag put at $22 billion for 1999. Ferris, Craig T. // Bond Buyer;02/03/98, Vol. 323 Issue 30323, p4 

    Reports that the United States' Clinton administration's fiscal 1999 budget estimates the cost to the federal government of the tax exemption for the interest on all municipal bonds. Federal revenue loss from public-purpose bonds; Comparison to Treasury projections; Revenue loss from...

  • St. Paul shifts gears: Plans taxable bonds for hockey arena. Shields, Yvette // Bond Buyer;03/16/98, Vol. 323 Issue 30351, p1 

    Reports that Saint Paul, Minnesota may have to forgo a tax exemption on bonds for a hockey arena. Lease signed with the Minnesota Wild; Alleged violation of guidelines for an exemption from federal income taxes; Penalty faced by the city when it moves to convert its notes to long-term debt.

  • Bipartisan House backers introduce Gorton's plan to protect muni debt. Kinnander, Ola // Bond Buyer;02/12/99, Vol. 327 Issue 30578, p5 

    Provides an overview on legislation introduced by members of the United States House that would protect the tax-exempt status of municipal utilities' bonds when the electricity market turns competitive. Representatives J.D. Hayworth and Robert Matsui's introduction of the Bond Fairness and...

  • The move to tax tax-exempts faces a showdown in Congress next year. Nagan, Peter S. // Banking;Sep72, Vol. 65 Issue 3, p6 

    Focuses on the possible enactment of changes in the tax-exempt status of municipal bonds in the 1973 U.S. Congress. Problems from the growing volume of municipal securities; Factors that may influence the changes in tax-exempt status of municipal bonds; End of the stability in short-term...

  • Groups lobby vs. tax-law changes. Resnick, Amy B. // Bond Buyer;03/10/99, Vol. 327 Issue 30595, p36 

    Reports on municipal market participants' strengthening of their lobbying efforts against the Bill Clinton administration's tax proposals they fear would reduce demand for municipal bonds. House Ways and Means Committee's hearing on the revenue-raising provisions in the president's fiscal 2000...

  • Hillary Clinton’s Higher Education Proposal Could Hurt Munis. Jagoda, Naomi // Bond Buyer;8/24/2015, Vol. 1 Issue 34365, p1 

    The municipal bond tax exemption could be at risk under a proposal from presidential candidate Hillary Clinton to reduce student debt.

  • BOND SHAKEN, NOT DETERRED. Barkin, Robert // American City & County;May2013, Vol. 128 Issue 5, p14 

    The article reports on public sector officials' initiatives against proposals to eliminate or cap the tax-free status of municipal bonds. Linn County, Iowa supervisor Linda Langston worries that the proposals could limit the ability of state and local governments to raise capital for disasters...

  • IRS, recyclers wrangle over tax-exempt status. Duff, Susanna // Waste News;04/02/2001, Vol. 6 Issue 44, p1 

    Reports that the United States Internal Revenue Service has clamped down on tax-exempt municipal solid waste bonds issued to recyclers. Agency's claim that some recyclers will have to pay back taxes because the material they handle has value; Federal government's conduct of an audit of 40...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics