Direct Subsidy Bonds Falling Off the Fiscal Cliff?

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Clients that have issued, underwritten or purchased certain Build America Bonds, Qualified School Construction Bonds, Qualified Energy Conservation Bonds, Qualified Zone Academy Bonds and Clean Renewal Energy Bonds should be aware that federal budget cuts required under the Budget Control Act of 2011 (the "BCA") may:

 

Topics:  Budget Control Act of 2011, Fiscal Cliff

Published In: Administrative Agency Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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