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 Collection: Congressional Research Service Reports
Electricity Restructuring and Tax-Exempt Bonds: Economic Analysis of Legislative Proposals

Electricity Restructuring and Tax-Exempt Bonds: Economic Analysis of Legislative Proposals

Date: January 20, 2000
Creator: Zimmerman, Dennis
Description: Tax-exempt bonds reduce public power's interest cost on debt and enable it to lower the price of electricity. This subsidy makes taxpayers better off only if the private market fails to provide the correct amount of electricity. In general, the private market can provide the correct amount of electricity; in those cases when it can not, the tax-exempt bond subsidy is unlikely to correct the problem. Tax-exempt bond legislation has been consistent with this perspective that an interest subsidy for electricity production does not correct a market failure; its focus has been to prohibit the spread of subsidized public power beyond its traditional service areas.
Contributing Partner: UNT Libraries Government Documents Department
Debt Reduction: Initiatives for the Most Heavily Indebted Poor Countries

Debt Reduction: Initiatives for the Most Heavily Indebted Poor Countries

Date: February 1, 2000
Creator: Nowels, Larry
Description: This report offers a broad overview of the debate concerning debt reduction for poor developing countries. It profiles the scope and structure of debt and reviews previous debt relief strategies and the current HIPC Initiative. It analyzes and compares competing alternatives endorsed by the Administration, congressional activists, NGOs, and other G-7 governments. Several key issues, such as costs, impact, and conditionality, of pending proposals are also assessed.
Contributing Partner: UNT Libraries Government Documents Department
Global Financial Turmoil, the IMF, and the New Financial Architecture

Global Financial Turmoil, the IMF, and the New Financial Architecture

Date: April 14, 2000
Creator: Nanto, Dick K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Outer Continental Shelf: Oil and Gas Leasing and Revenue

Outer Continental Shelf: Oil and Gas Leasing and Revenue

Date: May 3, 2000
Creator: Kumins, Lawrence C
Description: None
Contributing Partner: UNT Libraries Government Documents Department
African Development Bank and Fund

African Development Bank and Fund

Date: May 12, 2000
Creator: Copson, Raymond W.
Description: The African Development Bank Group, including the Bank itself (AfDB) and its "soft-loan" affiliate, the African Development Fund (AfDF), is a development finance institution based in Abidjan, Côte d'Ivoire. The Bank has 53 African members, as well as 24 non-regional members, including the United States. In the mid-1990s, the Bank faced management problems and difficulties arising from non-performing loans, but reforms launched in 1995 by a new Bank president, Omar Kabbaj, brought new pledges of support from the non-regionals. U.S. contributions to the Bank resumed in FY2000. This report will be updated as events warrant.
Contributing Partner: UNT Libraries Government Documents Department
Social Security: Summary of Major Changes in the Cash Benefits Program

Social Security: Summary of Major Changes in the Cash Benefits Program

Date: May 18, 2000
Creator: Kollmann, Geoffrey
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Brazil's Economic Reform and the Global Financial Crisis

Brazil's Economic Reform and the Global Financial Crisis

Date: June 9, 2000
Creator: Hornbeck, J. F.
Description: Despite backing from the International Monetary Fund (IMF), capital flight from Brazil in 1998 prompted the government to jettison its pegged currency stabilization program and float the real on January 15, 1999, becoming another casualty of the volatile international capital markets. Brazil adjusted to its financial crisis faster than expected, which is considered over. This report provides a final summary of Brazil's financial crisis and related IMF assistance in support of Congressional interest in various aspects of the 1990s global financial turmoil. It will not be updated.
Contributing Partner: UNT Libraries Government Documents Department
527 Organizations: How the Differences in Tax and Election Laws Permit Certain Organizations to Engage in Issue Advocacy without Public Disclosure and Proposals for Change

527 Organizations: How the Differences in Tax and Election Laws Permit Certain Organizations to Engage in Issue Advocacy without Public Disclosure and Proposals for Change

Date: June 26, 2000
Creator: Morris, Marie B.
Description: This report compares the tax and election laws relating to political organizations and political committees in an attempt to highlight the differences between them, and discusses some of the proposals in the 106th Congress to require additional reporting by organizations engaging in political activities. This report does not address the taxation of other tax-exempt organizations making political expenditures taxable under IRC § 527. The report will be updated as new proposals are reported.
Contributing Partner: UNT Libraries Government Documents Department
Russia's Paris Club Debt: U.S. Interests

Russia's Paris Club Debt: U.S. Interests

Date: July 18, 2000
Creator: Hardt, John P
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Social Security: Taxation of Benefits

Social Security: Taxation of Benefits

Date: July 28, 2000
Creator: Kollmann, Geoffrey
Description: None
Contributing Partner: UNT Libraries Government Documents Department