Muni Lobbyists Try to Get Pet Provisions Into Final Omnibus Bill
- Lobbying expenditures. // Practical Accountant;Mar98, Vol. 31 Issue 3, p18
Presents information on Rev. Proc. 98-19, which offers guidance on fornondeductible lobbying expenditures. Details on the regulation.
- THE BOND BUYER LEGISLATIVE STATUS REPORT. // Bond Buyer;6/3/2002, Vol. 340 Issue 31399, p37
Presents a chart depicting the legislative status of bond buyers in the U.S. Enactment of the Qualified Zone Academy Bond program; Status of the Internet Tax Nondiscriminant Act; Provisions of the clean water state revolving fund loan program.
- A Quirk in Volume Cap Hike Penalizes 29 Largest States. Ferris, Craig T.; Kinnander, Ola // Bond Buyer;8/22/2002, Vol. 241 Issue 31455, p1
Reports the increase on the cost-of-living in the private-activity bond volume cap in the U.S. Information on the volume cap increase provision; Limitation on the volume cap; Basis for the inflation adjustment.
- Fate of tax law proposals affecting bonds is still unclear. Stanton, Michael // Bond Buyer;07/02/97, Vol. 321 Issue 30179, p1
Discloses that it is still uncertain whether several bond-related tax law changes will be enacted in 1997. Moves by the House and Senate to each adopt their own tax-cutting programs; United States President Bill Clinton's release of his own comprehensive tax cut plan. INSET: Mirror company,...
- IRS ruling: Airport PFCs fail private-payment test. Stanton, Michael // Bond Buyer;09/04/97, Vol. 321 Issue 30223, p5
Focuses on the Internal Revenue Service's private-letter ruling released in September 1997, which deemed bonds backed by passenger facility charges that finance airport improvements for private businesses as private-activity bonds and are thus subject to alternative minimum tax. Terms of the...
- Appeals court: Individual cannot depreciate tax-exempt bonds. Ferris, Craig T. // Bond Buyer;03/06/98, Vol. 323 Issue 30345, p4
Reports on the ruling of the US Federal Court of Appeals in Oklahoma City, Oklahoma exempting individual for depreciation deductions for alleged life interest in tax-exempt bonds. Background on the case involving tax attorney Julian P. Kornfeld; Legislative basis of the court's decision.
- Tax Negotiators Moving Slowly; New Bond Provisions Added. Ferris, Craig T. // Bond Buyer;05/25/2001, Vol. 336 Issue 31147, p4
Reports on the efforts of United States House and Senate tax negotiators to hammer out a compromise between both chambers' tax measures that contain tax-exempt bond provisions. Points of contention between Democrats and Republicans; Key provisions of the bills.
- Bush Enacts Law That Will Spur Issuance of School Bonds. Kinnander, Ola // Bond Buyer;06/08/2001, Vol. 336 Issue 31156, p4
Reports the signing of tax bill by President George Bush in Washington. Purpose of designing the tax-exempt bond; Criticisms against the tax-exempt bond; Public curiosity over the debate of minimum wage increase in the Congress.
- Issuer's late payment does not mean bonds are taxable, says IRS ruling. Resnick, Amy B. // Bond Buyer;04/07/98, Vol. 324 Issue 30367, p4
Reports that the Internal Revenue Service released a ruling concluding that certain bonds issued by an unidentified party are not taxable and that the issuer deserves a refund. Bond lawyers' reactions to the ruling; Specific cases for which the ruling applies.