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Federal Bond Programs

Federal tax law regulates the issuance of tax-exempt bonds. Certain tax-exempt bonds must receive an allocation from the state prior to the issuance of the bonds. The Debt Management Division is responsible for the administration of the state's tax-exempt bonding allocation law. This includes allocations for tax-exempt private activity bonds (TEBA), Recovery Zone Economic Development & Facility (REZ) Bonds, and Qualified Energy Conservation (QECB) Bonds.

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