Senate Panel Works to Lift Restrictions on SRFs

Sanchez, Humberto
May 2002
Bond Buyer;5/6/2002, Vol. 340 Issue 31380, p5
Trade Publication
Reports the proposal of the Senate to remove the arbitrage rebate restrictions from tax-exempt bonds in Washington. Exemption of the private activity bond; Lack of funding for water infrastructure; Increase of budget for state revolving funds.


Related Articles

  • IRS hearing on gas debt draws crowd. Kinnander, Ola // Bond Buyer;01/13/2000, Vol. 331 Issue 30807, p1 

    Reports that the United States Internal Revenue Service and the US Treasury Department conducted a hearing on a proposed regulation covering the use of tax-exempt bonds to prepay gas purchases. Regulators' assertion that gas bond deals may violate arbitrage regulations.

  • Final yield-burning rules.  // Practical Accountant;Mar99, Vol. 32 Issue 3, p14 

    Reports on the issuance of tax regulations on arbitrage restrictions for tax-exempt bonds in the United States.

  • Tender-Option Bond Rules Highlight IRS Guidance Plan. McConnell, Alison L. // Bond Buyer;8/14/2007, Vol. 361 Issue 32691, p5 

    The article reports on the 2007-2008 priority guidance plan which reveals that the U.S. Treasury Department intends to update guidance on the tax-exempt bond voluntary closing agreement program, revise a revenue procedure on arbitrage rebate refunds, and propose regulations on public approval...

  • IRS Planning Audit Sweep of SLGS Rollovers in 100 Municipal Issues. Barnett, Susanna Duff // Bond Buyer;4/23/2004, Vol. 348 Issue 31869, p1 

    Focuses on the plan of the U.S. Internal Revenue Service (IRS) to launch an audit targeting a type of arbitrage violation occurring when issuers advance refund tax-exempt municipal bonds. Number of issue to be examine by IRS; Implication for failure of trustees to consolidate investment yields...

  • IRS Seeking Issuer Feedback on Arbitrage Burdens. Schroeder, Peter // Bond Buyer;3/23/2009, Vol. 367 Issue 33084, p4 

    The article reports that the U.S. Internal Revenue Service (IRS) is asking for information from tax-exempt bond issuers on how much of a burden existing arbitrage regulations cost them. It defines "arbitrage" as earnings on bond proceeds which materially exceed the yield on the bonds. Moreover,...

  • TEB Office To Focus On Derivatives. McConnell, Alison L. // Bond Buyer;12/16/2005, Vol. 354 Issue 32280, p1 

    The article reports that the U.S. Internal Revenue Service's tax-exempt bond (TEB) office is planning to expand its efforts in 2006 by maintaining a tough stance on taxing bondholders of taxable debt. The TEB will focus on derivative contracts that divert rebatable arbitrage, and scrutinizing...

  • CBO Report Cites Higher Ed Arbitrage. Schroeder, Peter // Bond Buyer;5/4/2010, Vol. 372 Issue 33310, p1 

    The article reports on the advantages of prohibiting tax-exempt colleges and universities from earning arbitrage through endowments in the U.S. The Congressional Budget Office (CBO) reveals that the Congress can save billions of dollars when lawmakers will consider banning the use of tax-exempt...

  • Two Florida Agencies Enter Into Closing Agreements With IRS. Barnett, Susanna Duff // Bond Buyer;11/18/2004, Vol. 350 Issue 32013, p5 

    Reports that the Orange County Health Facilities Authority in Orlando, Florida and the Capital Projects Finance Authority in Moorehaven, Florida have signed separate agreements with the United States Internal Revenue Service (IRS) to protect the tax-exempt status of pooled health care facility...

  • Federal Focus on Indirect Tax Arbitrage Benefits to Colleges and Universities: Could Access to Tax-exempt Bonds be Limited?  // Venulex Legal Summaries;2010 Q2, Special section p1 

    The article examines the possibility of limiting access to tax-exempt bonds for colleges and universities. This issue was raised by the U.S. Congressional Budget Office (CBO) which viewed untaxed return on investments made by colleges and universities as indirect tax arbitrage benefit. The CBO...


Read the Article


Sign out of this library

Other Topics