WASHINGTON — The amount of private-activity bonds that can be issued by state and local governments nationwide in 2010 will rise to almost $30.857 billion, an increase of 0.8%, according to new population figures released by the Census Bureau and the Internal Revenue Service's formula for state PAB volume caps.

The national and state PAB caps for 2010 are based on the Census Bureau's population figures for states between July 1, 2008, and July 1, 2009, which were issued on Dec. 23, and the IRS formula of $90 per capita or $273.775 million, whichever is greater.

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