New Bond Rules Greenlight Stalled Capital Projects

Ponte, Michelle
July 2009
HealthLeaders Magazine;Jul2009, Vol. 12 Issue 7, p41
The article deals with the addition of a temporary provision in the American Recovery & Reinvestment Act of 2009 which increases the amount of bank-qualified bonds that nonprofit hospitals and other organizations can sell annually. Hospitals can now sell up to $30 million in tax-exempt, bank-qualified bonds a year. The program is said to be ideal for smaller community hospitals. Information on Build America Bonds is provided.


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