TITLE

Private-Activity Bonds a Boon, Experts Predict

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/11/2006, Vol. 356 Issue 32379, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issues concerning the enactment of a program which allows private companies to use tax-exempt financing to construct certain transportation infrastructure in the U.S. The program helps to alleviate the anticipated traffic congestion. It has been part of a broader transportation funding authorization law enacted in the summer of 2005. It presents an important step forward toward increasing funding for improving the nation's transportation infrastructure.
ACCESSION #
23176008

 

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