Municipal utilities may face problems with pending IRS private-activity rules
- Muni Utilities Need Extra Cash for Emergencies. Kinnander, Ola // Bond Buyer;5/23/2002, Vol. 340 Issue 31392, p4
Reports the need of municipal electric utilities to increase the amount of cash for the coming adversities in the U.S. Availability of cash to pay possible debt; Development of problem on energy supply; Prediction on the establishment of coal-fired plants.
- Pasadena leads the charge when it comes to facing electricity competition. Figler, Andrea // Bond Buyer;08/21/98, Vol. 325 Issue 30462, p26
Reports on plans by Pasadena, California to issue revenue/refinancing bonds in August 1998 in preparation for complete electric utility deregulation. Use of revenues to help the city create a special structure to ensure it maintains a competitive edge; Assurance that the bonds will not go into...
- Pasadena, Calif.'s refunding is aimed at power deregulation. Figler, Andrea // Bond Buyer;08/03/98, Vol. 325 Issue 30448, p7
Reports on the opening of bids on revenue refunding bonds in Pasadena, California. Value of the bonds; Rating by Standard & Poor's; Outlook for the city's electric system outstanding debt; Schedule of the release of the bonds.
- Electric power. Tunick, Britt // Bond Buyer;11/12/97, Vol. 322 Issue 30271, p19A
Reports that refunding continues to be the primary activity in of the electric power industry in the municipal market. Percentage increase in the third-quarter activity in the electric power industry from 1996-1997; Percentage decline in the combined activity for the first three quarters;...
- As Volume Slipped, Power and Transportation Stayed Positive. Maurice, Alex // Bond Buyer;02/05/2001, Vol. 335 Issue 31070, p7A
Highlights trends in the municipal bond market in the United States for the year 2000. Decline in total municipal bond issuance; Increase in electric power and transportation issuance; Predicted growth of the power and transportation industries.
- Illinois deregulation promises to affect taxable market, utility-tax revenues. Williamson, Tammy // Bond Buyer;05/22/98, Vol. 324 Issue 30399, p36
Focuses on the impact of electric utility deregulation in Chicago, Illinois for the municipal bond market in the city. Comment by Dan Aschenbach, senior vice president with Moody's Investors Service; Features of the bill passed by the Illinois General Assembly deregulating the electric...
- Senators Push Parties to Achieve Accord on Utility Bonds' Tax Status. Ferris, Craig T. // Bond Buyer;03/28/2000, Vol. 331 Issue 30858, p6
Reports on the efforts of senators to achieve accord on utility bonds' tax status in the United States. Change of the federal tax law to accommodate the restructuring of the electric industry; US Internal Revenue Service's output regulations.
- North Carolina Electricity Panel Delays Defeasement Issue. DeSue, Tedra // Bond Buyer;04/07/2000, Vol. 332 Issue 30866, p4
Reports on North Carolina's plan to deregulate its electric utility industry as of April 7, 2000. Lack of a plan for defeasing government bonds backed by the state's municipal power systems.
- Nebraska tops itself with upcoming $1.1 billion public power district issue. Goldsmith, Steve // Bond Buyer;05/27/98, Vol. 324 Issue 30401, p31
Focuses on the Nebraska Public Power District's $1.1 billion municipal bond deal, which will be partially issued in the first week of June 1998 and will be used to help the utility restructure and prepare for deregulation. Bookers for the deal; Type of investors that would be attracted to the...