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

Metadata describes a digital item, providing (if known) such information as creator, publisher, contents, size, relationship to other resources, and more. Metadata may also contain "preservation" components that help us to maintain the integrity of digital files over time.

Available Formats

Dublin Core: XML Dublin Core: JSON Dublin Core: Text Dublin Core: RDF/XML UNTL: XML Access METS: XML

Title

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

Creator

  • Author: Zimmerman, Dennis
    Creator Type: Personal
    Creator Info: Domestic Social Policy Division

Publisher

  • Name: Library of Congress. Congressional Research Service.
    Place of Publication: Washington D.C.

Date

  • Creation: 2000-01-20

Language

  • English

Description

  • Content 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.

Subject

  • Legislative Indexing Vocabulary: Finance
  • Legislative Indexing Vocabulary: Electric industries
  • Legislative Indexing Vocabulary: Tax-exempt securities
  • Legislative Indexing Vocabulary: Business
  • Legislative Indexing Vocabulary: Energy

Collection

  • Name: Congressional Research Service Reports
    Code: CRSR

Institution

  • Name: UNT Libraries Government Documents Department
    Code: UNTGD

Resource Type

  • Report

Format

  • Text

Identifier

  • CRS Report Number: RL30411
  • Accession or Local Control No: RL30411 2000-01-20
  • Archival Resource Key: ark:/67531/metacrs1222
Back to Top of Screen