This article looks at tax credit transportation revenue bonds as compared to more traditional types of revenue bonds. Earmarked for transportation capital projects, tax credit bonds (TCBs) would be issued by state or federal entities with a portion of the proceeds set aside in a sinking fund, invested in Treasury bonds, sufficient to repay the principal at the end of the bond's life. Buyers of these bonds would receive tax credits instead of interest payments. The effects of TCBs on financing schemes for transportation projects in the U.S. are discussed.

  • Availability:
  • Corporate Authors:

    Public Works Financing

    147 Elmer Street
    Westfield, NJ  United States  07090-2433
  • Authors:
    • Poole Jr, R W
  • Publication Date: 2003-9


  • English

Media Info

  • Pagination: p. 25-26
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00964591
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 24 2003 12:00AM