Open work item in PB work tray
Decision Package
Treasury Board (155)
Request Title Maintain tax-exempt status of bonds
Biennium 2016-2018
Budget Round Initial Bill
Category Appropriation Act language only
Region None
Description

Adds language to maintain the tax-exempt status of bonds that were used by the Commonwealth or its authorities, boards, or institutions to finance the acquisition, construction, improvement or equipping of real property. The language provides that proceeds from the subsequent sale or disposition of such acquired property and any improvements may first be applied toward remediation options available under federal law in order to maintain the tax-exempt status of such bonds.

Funding Summary
Object Type FY 2016 FY 2017  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $0 $0  
General Fund Positions 0.00 0.00  
Nongeneral Positions 0.00 0.00  
General Fund Transfers $0 $0  
General Fund Revenue $0 $0  
Layoffs $0 $0  
Additions to Balance $0 $0  
Funding Details
By Program Program Code Program Title FY 2016 FY 2017
By Fund Fund Code Fund Title FY 2016 FY 2017
Authorized Position Details
By Program Program Code Program Title FY 2016 FY 2017


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 13:41:25