ANNOUNCEMENT 17 Aug 2012

Tax-exempt industrial development bonds for qualified manufacturing operations can be loaned to eligible companies to acquire land, buildings, or equipment.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 17 Aug 2012 | Removal date: open ended
Still in force

State loan

On August 17, 2012 the Allegheny County (Pennsylvania) Industrial Development Authority issued industrial development authority environmental improvement revenue bonds Series 2012 for the United States Steel Corporation project. The principal value at issuance was $24,995,000. Tax-exempt industrial development bonds are typically issued and loaned to eligible companies to acquire land, buildings, or equipment.

AFFECTED SECTORS