The Indiana Motor Speedway would be able to issue up to $100 million of bonds backed by a new pledge of state taxes under a bill set to be debated Thursday.
Bill Paves Way for Indy Speedway to Tap State Taxes
FEB 12, 2013 4:57pm ET
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"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD