The Treasury’s 2007 – 2008 Priority Guidance Plan
Published on:
March 3, 2008
Committee:
SIFMA provides comments to U.S. Department Treasury on Treasury’s 2007 – 2008 Priority Guidance Plan proposed regulations on arbitrage restrictions under Internal Revenue Code Section 148. Specifically, SIFMA supports a proposal submitted by the Municipal Advisory Council of Texas (MACT) to remove the limitation on the amount of bonds guaranteed by the Texas Permanent School Fund (PSF).