Want a Quick Stimulus? Make Private-Activity Bonds Not Subject to AMT

Heimowitz, Daniel
December 2008
Bond Buyer;12/15/2008, Vol. 366 Issue 33023, p27
Trade Publication
The author comments on the proposal to exempt private-activity bonds (PABs) for transportation projects from alternative minimum tax in the U.S. He stresses that the move would result to the issuance of billions of tax-exempt PABs without government expense. The author stresses the benefits that will be gained by the bond market from the move.


Related Articles

  • TBMA, GFOA Praise Panel's Proposal on AMT. McConnell, Alison L. // Bond Buyer;7/22/2005, Vol. 353 Issue 32180, p5 

    Reports that bond market participants have applauded a tax reform panel's recommendation to repeal the individual alternative minimum tax (AMT), saying it would lower premiums on private-activity bonds in the United States. Panel's agreement that the individual AMT is ineffective and overly...

  • TBMA Submits Comments to Bush's Tax Panel. Newman, Emily // Bond Buyer;3/22/2005, Vol. 351 Issue 32095, p5 

    Reports on the proposal of the Bond Market Association (TBMA) for the advisory tax panel of U.S. President George W. Bush to make all tax-exempt bond interest excludable from the alternative minimum tax (AMT), relax curbs on private-activity bonds and eliminate rules governing the interest...

  • Congress' Tax Package Won't Curb Impact of AMT on Munis. Fine, Jacob // Bond Buyer;5/28/2003, Vol. 344 Issue 31644, p35 

    An increase in alternative minimum tax (AMT) exemptions in the tax package which was sent by the U.S. Congress to President George W. Bush on May 23, 2003 will have no impact on the deterioration of the value of municipal bonds subject to the tax, according to experts. The AMT requires taxpayers...

  • Texas Airports Outpacing Last Year With $1.3B Issued. Williamson, Richard // Bond Buyer;11/29/2011, Vol. 378 Issue 33623, p1 

    The article reports that Lone Star airports in Texas have issued around 1.3 billion dollars of bonds in 2011. It mentions the higher limit for passenger facility charges (PFC) sought by airports and their desire to get permanent return for the alternative minimum tax (AMT) holiday, enjoyed by...

  • Market Post: $784M Chicago Midways' Yields Entice Investors. Flynn, Hillary; Bonello, Maria // Bond Buyer;5/29/2014, Vol. 123 Issue 34117, p1 

    The article informs that 784 million dollar Chicago, Illinois Midway Airport second lien revenue and revenue refunding bonds' high yields deal with financial service firm Barclays Capital has gained the attention of the investors. It mentions that it's a two-part deal with yields 480.57 million...

  • Florida's Citizens $2B Deal Leads Slate Half as Big as Last Week's. Albano, Christine // Bond Buyer;4/27/2009, Vol. 368 Issue 33104, p6 

    The article reports on the arrival of Florida bonds that will bring an estimated $6.28 billion in total issuance to the municipal market. The estimated figure was dominated by the sale of California's $6.85 billion taxable general obligation deal that includes $5.23 billion of Build America...

  • South Carolina Deal Moves Forward as Bush Signs Housing Bill. DeSue, Tedra // Bond Buyer;7/31/2008, Vol. 365 Issue 32930, p4 

    The article reports on the $45 million mortgage revenue bond deal made by the Housing Finance and Development Authority (HFDA) for the approval of U.S. Congress to the housing stimulus legislation in South Carolina. The primary features of the approved legislation includes the exemption of...

  • Lawmaker's Bill Would Extend Expiring AMT Exemption. Newman, Emily // Bond Buyer;4/19/2005, Vol. 352 Issue 32114, p5 

    The article reports that Republican candidate Jeb Bradley of New Hampshire has introduced legislation to extend the higher exemption amounts under the alternative minimum tax (AMT) for individuals through 2007 and to permanently index the tax for inflation. Bradley's bill, HR 1599, would extend...

  • End Of The Runway? Unnikrishnan, Madhu // Aviation Week & Space Technology;1/18/2010, Vol. 172 Issue 3, p37 

    The article reports that a tax exemption that helped revive funding for airport infrastructure projects will end if the U.S. Congress decided not to extend a critical tax break. A tax exemption on airport bonds allowed the country's airports to raise billions of dollars for upgrades and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics