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    Industrial Revenue Bonds have a variety of names and purposes, but there are three basic types of bond issuances as follows:

    • Tax Exempt - (Small Issue IDB's) Because the income derived by the bond holder is not subject to federal income tax, the maximum bond amount is $10 million in any given jurisdiction. According to federal regulations, the $10

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    e are three basic types of bond issuances as follows:

    • Tax Exempt - (Small Issue IDB's) Because the income derived by the bond holder is not subject to federal income tax, the maximum bond amount is $10 million in any given jurisdiction. According to federal regulations, the $1

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    t - (Small Issue IDB's) Because the income derived by the bond holder is not subject to federal income tax, the maximum bond amount is $10 million in any given jurisdiction. According to federal regulations, the $1
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    not subject to federal income tax, the maximum bond amount is $10 million in any given jurisdiction. According to federal regulations, the $1
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    ion in any given jurisdiction. According to federal regulations, the $10 million total includes the bond amount and capital expenditures over a six year period going both backwards and forwards three years. The maximum any company may have is $40 million nationwide outstanding at any given period.

    • Taxable - They are not exempt from federal tax. Th

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