Letters

The Treasury’s 2007 – 2008 Priority Guidance Plan

Summary

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).

PDF

Committee

Municipal Securities Division

Date

3

March

2008