Federal budget talk spurs arbitrage buys
- De minimis exemption stands, 501(c)(3) cap falls in tax pact. Stanton, Michael // Bond Buyer;07/30/97, Vol. 321 Issue 30198, p1
Focuses on the terms of the final agreement to balance the budget of the American government by year 2002. Observers' caution on nonmunicipal provisions in the proposed legislation; Plan to repeal the $150 million cap on the amount of nonhospital bonds 501(c)(3) organizations can have...
- Harsh reality: Hard work, persistence needed to get cap increased next year. Ferris, Craig T. // Bond Buyer;11/02/98, Vol. 326 Issue 30512, p33
Opinion. Comments on the 50% increase in the private-activity bond volume cap for the United States in 2003 as part of the budget package. Reaction of the municipal bond market to the news; Implications for the market; Republicans' stand on the volume cap issue; Factors that could affect the...
- Indiana Senate Poised to Approve $28.1 Billion, Two-Year Budget. Devitt, Caitlin // Bond Buyer;4/13/2009, Vol. 368 Issue 33096, p7
The article reports on the plan of the Indiana state Senate to approve a $28.1 billion, the two-year budget which includes up to $400 million of bonding authority intended for the state. It states that the budget relies on nearly $2 billion in federal stimulus funds and preserves the state...
- Commentary: Taxing Tax-Exempt Bonds Undercuts Worthy Goals. Collet, Susan // Bond Buyer;2/06/2015, p1
The White House generated fresh ideas aimed at curing the nation's infrastructure woes in its budget proposal, but shot itself in the foot by including a limit on the federal tax exemption for municipal bonds.
- Roll call, please. // New Hampshire Business Review;3/29/96, Vol. 18 Issue 7, p1
Reports that the US Congress has passed a bill that would give municipalities the ability to issue bonds for economic development projects. Limitation of municipal bonding to a community's own capital projects; Fostering of public-private cooperation; Rejection of a bill to raise the minimum wage.
- Muni market must wipe out pay-to-play to eliminate slurs. Ferris, Craig T. // Bond Buyer;07/28/97, Vol. 321 Issue 30196, p27
Opinion. Argues in favor of eliminating pay-to-play practices in the municipal bond market in the United States. Support for US Securities and Exchange Commission (SEC) chairman Arthur Levitt's proposal to eliminate the practice; Debate in the Municipal Securities Rulemaking Board over whether...
- PSA proposed underwriters agreement to reflect regulatory, market changes. Hume, Lynn Stevens // Bond Buyer;08/18/97, Vol. 321 Issue 30211, p1
Reports on proposals to revise standard agreement for municipal bond underwriters in the United States. Contrast with the proposals of the Municipal Securities Rulemaking Board; Rule affecting syndicate members; Obligation of underwriters to potential investors.
- PSA asks issuers to use standardized cover sheet for muni disclosure filings. Hume, Lynn Stevens // Bond Buyer;08/18/97, Vol. 321 Issue 30211, p4
Reports on efforts to encourage the use of a standardized cover sheet among municipal bond issuers in the United States. Complaints over inaccuracies in the National Recognized Municipal Securities Information Repositories (NRMSIR); Securities and Exchange Commission (SEC) rules regarding...
- Envisioning a tax-exempt future. Green, Micah // American City & County;Jun94, Vol. 109 Issue 7, p18
Features suggested federal actions to maximize the value of tax-exempt municipal bonds and enhance their ability to leverage federal resources. Issuance of regulatory guidance on advance refunds; Broader tax-exempt financing for infrastructure projects involving private participation; Creation...