Bills aim to prevent stripping of tax credits from bonds

01/7/2010 | Bond Buyer (free content), The

Sen. Charles Grassley, the ranking Republican on the Senate Finance Committee, introduced bills that would prevent the stripping and selling of tax credits from qualified school construction bonds, qualified zone academy bonds and new clean renewable energy bonds. Meanwhile, prompted by municipal-market participants, attorneys at the Treasury and the Internal Revenue Service are drafting stripping rules for that market.

View Full Article in:

Bond Buyer (free content), The

Published in Brief: