IRS: State Utilities' Group Can Issue Tax-Exempt Bonds Based on Fuel Input

Duff, Susanna
February 2003
Bond Buyer;2/12/2003, Vol. 343 Issue 31572, p5
Trade Publication
Reports that the U.S. Internal Revenue Service has determined in a private-letter ruling that an organization made up of state utilities can issue tax-exempt bonds for a co-generation power plant based on the facility's input of fuel. Details of the ruling; Significance of the ruling; Impact of the ruling on government utilities in the country.


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