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Articles by Sheila Kles
Tax-Exempt Bonds: Telephonic Public Hearings Now Permanent | JD Supra
For public hearings held on or after March 18, 2022, new Revenue Procedure 2022-20, released by the Internal Revenue Service, allows issuers and approving governmental units to conduct telephonic public hearings for tax-exempt private activity bonds. Treasury Regulation § 1.147(f)-1(d)(2) requires that a public hearing be held in a location that is convenient for residents of the governmental unit approving the bonds.
Expansion of Qualified Private Activity Bond Categories Under the Infrastructure Investment and Jobs Act | JD Supra
On November 15, President Biden signed the Infrastructure Investment and Jobs Act (PL 117-58) into law. This Act introduces more than $550 billion in new infrastructure spending in addition to reauthorizations of existing programs for a total of $1.2 trillion in federal infrastructure investment in local communities over the next eight years.
Client Alert: Treasury Department Provides Guidance on Obtaining Aid Under the Coronavirus Relief Fund for States and Eligible Local Governments | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Client Alert: Federal Reserve Creation of a Municipal Liquidity Facility | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
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