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Washington - Taxation
Treasury, IRS Urged To Allow Texas PSF Guarantee for Charter School Bonds
by: Jennifer DePaul
Wednesday, December 12, 2012
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Three Texas state legislators are urging the Treasury Department and the Internal Revenue Service to adopt rules that would allow Texas' public charter schools access to the Permanent School Fund bond obligations.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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