Author: James T. Giel

Build America Bonds Take Center Stage

March 22, 2010 By James T. Giel In Legal Alerts

Background As part of the American Recovery and Reinvestment Act of 2009 (“ARRA”), Congress added Section 54AA of the Internal Revenue Code of 1986, as amended (the “Code”), permitting a state or local government, including school districts, to issue anew type of taxable obligation called Build America Bonds (“BABs”) to […]

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