Transportation bill gets extra: $15 billion of highway bonds

Stanton, Michael; Shah, Angela
October 1997
Bond Buyer;10/02/97, Vol. 322 Issue 30243, p1
Trade Publication
Reports on the United States Senate Finance Committee's proposed pilot program authorizing up to $15 billion of tax-exempt private-activity bonds for 15 highway projects. Exemption of interest on the debt from federal income taxes; Details of the program; Requirement for a project to become eligible for the bonds.


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