TITLE

New funding tool for poor schools added to tax bill

AUTHOR(S)
Stanton, Michael
PUB. DATE
August 1997
SOURCE
Bond Buyer;08/01/97, Vol. 321 Issue 30200, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Describes the Tax Credit Bond Option program included in the proposed tax bill approved by the Clinton Administration. Inclusion of elementary school improvements; Responsibility of the school districts for repaying the principal amount of loans; Qualifications for the program; Advantages of the tax credit approach to school financing needs. INSET: Bond provisions seen as safe from veto..
ACCESSION #
9708120380

 

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