Sentences with phrase «bonds issued in the state»

The biggest tax savings occur when a person who lives in a high - tax state, such as New York or California, buys shares of a fund that owns bonds issued in that state.

That's because in addition to the federal tax exemption, you typically get a state tax exemption on bonds issued in the state where you live, notes Dale Yahnke, of financial advisory firm Dowling & Yahnke.

- If you have a lot of cash, buy tax - free municipal bonds (bonds issued in the state you live or in a state that has no income tax).

Not exact matches

In certain cases, unscrupulous politicians from the north took over southern state governments during Reconstruction, issued bonds and made off with the proceeds.

On Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in order.

Tax exemptions In general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bonIn general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bonin some cases, state or local income tax, depending on whether you are a resident of the state that issued the bond.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

In addition to providing a source of income and diversification, the interest income on municipal bonds generally is exempt from federal income tax and may also be exempt from state and local taxes for residents in the state where the bond is issueIn addition to providing a source of income and diversification, the interest income on municipal bonds generally is exempt from federal income tax and may also be exempt from state and local taxes for residents in the state where the bond is issuein the state where the bond is issued.

Municipal bond funds invest in municipal bonds issued by various state and local governments.

This is, however, still below the comparable figures in the United States, where 70 per cent of corporate bonds on issue are rated below A +.

Interest income generated by municipal bonds is generally not subject to federal taxes, and may be tax - exempt at the state and local level as well, if the bonds were issued by the state in which you live.

Invest in municipal bonds issued by various state and local governments.

During the Renaissance in the 12th and 13th centuries, Venice and other city — states in Italy began issuing bonds as a way to raise money for wars and other ventures.

«Utilizing Green Bonds is a win - win,» says Vermont State Treasurer, Beth Pearce, in a press release issued in October.

Among those it put on a negative credit watch in mid-July were some bond issues by Fannie Mae and Freddie Mac, a few insurance companies, 604 structured finance transactions that totaled $ 373 billion when issued and some municipal debt backed by the United States.

These bonds are usually exempt from federal taxes, and may also be exempt from state and local taxes, especially if the investor lives in the state where the bond is issued.

The Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy purStates municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy purstates, cities, and counties or their agencies to help finance public projects or for other public policy purposes.

Goldman Sachs defended its action, saying it bought the bonds — issued in 2014 by state - run oil company PDVSA — with the hope that life in Venezuela will improve.

In some states, interest on bonds issued by that state, and the municipalities within it, are also exempt from that state's income taxes.

Global bond funds invest in a wide variety of bonds issued by various public and private entities around the world, including sovereign governments, international agencies, state and local authorities, and private corporations.

Municipal bonds are issued by state and local governments in the US as well as other public authorities, such as school districts.

In addition, if you buy municipal bonds issued by the place where you live, those bonds are exempt from state and local income taxes as well.

Municipal bond interest is also often tax - free at the state level if you invest in a bond that's issued in the same state in which you reside.

Municipal Bond Funds invest primarily in municipal bonds which are debt issued by state governments, local governments, and government agencies such as a port authority or water board.

She also said that the Park District, along with other park districts in Illinois, lost its authority to issue non-referendum bonds due to tax cap legislation approved by the state legislature in the early 1990s.

The Park District on Thursday night delayed issuing $ 1 million in bonds until it sees clearly the effect of a Cook County tax cap anticipated from the state legislature.

Ken Ofori - Attah, in responding to the issue in Parliament, stated that the issuance was transparent and was done in accordance with the laid down procedures governing the issuance of bond and government securities in the country, adding that there was no conflict of interest, as he «had no direct dealings with the investors» as alleged by the minority in Parliament.

There are three ballot propositions going before voters statewide in November: A proposed constitutional amendment to establish a redistricting commission (with members to be appointed by legislative leaders), a constitutional amendment to permit electronic distribution to state legislators of pending bills, and a $ 2 billion school bond issue.

Although the budget also provides $ 100 million to the MTA's capital program from redirected economic development funds, it also proposes using $ 165 million of Metropolitan Mass Transportation Operating Assistance Account funds to pay debt services on State bonds previously issued for the MTA capital program that otherwise would be paid from the General Fund and transferring $ 35 million in MMTOA funds to the General Fund.

Antonacci opposes the first and third propositions, the redistricting commission and school bond issue, but supports the second proposition allowing electronic bills in place of paper bills in the state legislature.

, the Albany Business Review (ABR) identified a dozen tenants, including state agencies, at the $ 191 million, 350,000 - square - foot ZEN building, which was financed in part by multimillion dollar bonds issued on FRMC's behalf by the Albany County Capital Resource Corporation.

CORRECTION In the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county financeIn the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county financein the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county finances.

We support authorizing the State to issue an additional $ 100M in bonds to provide funding for the State Superfund Program.

«So, while we support the governor's initiatives for Universal Pre-K, STEM scholarships and a bond issue to fund technology in our schools, we must ensure that state staffing levels are at a place for the implementation of these initiatives.

This is contained in a statement issued in Ilorin, where the state government condemned a claim by the state publicity secretary of the PDP, Mr. Rex Olawoye, that it has taken up to five bonds in the last five years.

DiNapoli also suggested a separate constitutional amendment to ban public authorities and other entities from issuing state - funded debt, allow bond acts to be considered by voters in the same year and require all state - funded debt to be issued by the state comptroller after it's approved by voters.

Schools in Albany, Averill Park, Queensbury and Galway on Wednesday were among the first in the state to be awarded part of a $ 2 billion pool for technology upgrades funded by a 2014 bond issue.

ALBANY — The New York State Thruway Authority voted to provide $ 750 million in a one - time cash windfall to keep construction of the Tappan Zee Bridge replacement going for another year, avoiding the need to issue bonds for the ongoing, $ 3.9 billion project in 2015.

Authorize the State to issue an additional $ 100M in bonds to provide funding for the State Superfund Program.

Should TSFC decide to issue the Refunding Bonds in the expected approximate amount of $ 975 million, the issuance and the timing are subject to certain conditions, including but not limited to relevant financial considerations, and to the approval by the New York State Comptroller and by the Director of the Budget of the State of New York.

Executive Budget The budget would authorize the State to issue an additional $ 100M in bonds to provide funding for the State Superfund Program.

For one, he vowed to veto any budget that includes deficit financing — singling out both Lt. Gov. Richard Ravitch's borrowing scheme and a gimmick fronted by Senate Democratic leader John Sampson to refinance bonds issued in anticipation of income from the state's tobacco - lawsuit settlement.

In 2009, Oneida County was the first municipality in New York State to issue Build America Bonds (BAB's) and Recovery Zone Economic Development Bonds (RZEDB's) to finance infrastructure projectIn 2009, Oneida County was the first municipality in New York State to issue Build America Bonds (BAB's) and Recovery Zone Economic Development Bonds (RZEDB's) to finance infrastructure projectin New York State to issue Build America Bonds (BAB's) and Recovery Zone Economic Development Bonds (RZEDB's) to finance infrastructure projects.

Mr. Ravitch's financial plan would impose tough accounting standards on state budgets, allow the state to issue $ 2 billion a year in bonds to help close budget gaps, and give the governor the power to make unilateral cuts when spending and revenues fall out of whack.

Since taking office in 2011, Cuomo has increasingly used authorities to issue bonds for various state projects.

«It has again affirmed its peerless credit reputation in tricky market conditions right at the end of the year to issue the only bond by a state in Nigeria, in 2016.

In the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county financeIn the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county financein the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county finances.

A 2004 Common Cause report found almost 30 percent of the Liberty Bonds, designed to spur residential construction after the Sept. 11, 2001, attacks, issued in New York State were claimed by Litwin.

Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the estimated cost of pre-K and the amount provided in the state budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.

But less than a month after the July contributions, a two - page memo went from Cuomo's Division of the Budget to the state's Dormitory Authority, which issues debt on behalf of schools and hospitals that have less experience (and scale) in the municipal bond market.