Guam Representative Urges Pooled Bond Bank for Territories

McConnell, Alison L.
March 2006
Bond Buyer;3/3/2006, Vol. 355 Issue 32331, p6
Trade Publication
The article reports on Guam representative Madeleine Z. Bordallo's testimony before the U.S. Senate Energy and Natural Resources Committee. Bordallo claims that U.S. territories should be allowed to form a tax-exempt bond bank to overcome obstacles in gaining access to capital. She adds that Guam can issue bonds that are exempt from federal, state and local income taxes.


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