TITLE

Sponsor proposes new limits on disaster mortgage bonds to avoid misuse

AUTHOR(S)
Stanton, Michael
PUB. DATE
November 1997
SOURCE
Bond Buyer;11/13/97, Vol. 322 Issue 30272, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the legislation introduced in Congress by Representative Jim Ramstad in early November 1997 to rework limits on disaster mortgage revenue bonds (MRBs) and reinstate restrictions to ensure it does not open an unintended loophole. Clarifications proposed to the mortgage subsidy; Terms of the original legislation on MRBs proposed in 1996; Terms of the reworked legislation.
ACCESSION #
9711221824

 

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