Industrial Development Bond Financing Program

Subject
Industrial development bonds--South Carolina
Abstract
JEDA acts as a “conduit” issuer of bonds on behalf of a borrowing entity. Certain for-profit entities organizations can finance their projects with tax-exempt bonds, but these entities cannot do so directly. They must borrow through a “conduit” issuer of bonds in order to receive the tax-exempt financing. Therefore, entities do not borrow from JEDA, but rather through JEDA, using JEDA as access to the capital markets at tax-exempt rates. Tax-Exempt bonds may be used to finance qualified manufacturing facilities, non-profit 501(c)(3) facilities and solid waste disposal facilities.
URI
http://hdl.handle.net/10827/26216
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Date
2017
Author
South Carolina Jobs-Economic Development Authority
Metadata
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CreatorSouth Carolina Jobs-Economic Development Authority
Date Accessioned2017-12-20T13:41:59Z
Date Available2017-12-20T13:41:59Z
Date of Issue2017
Identifier (URI)http://hdl.handle.net/10827/26216
DescriptionJEDA acts as a “conduit” issuer of bonds on behalf of a borrowing entity. Certain for-profit entities organizations can finance their projects with tax-exempt bonds, but these entities cannot do so directly. They must borrow through a “conduit” issuer of bonds in order to receive the tax-exempt financing. Therefore, entities do not borrow from JEDA, but rather through JEDA, using JEDA as access to the capital markets at tax-exempt rates. Tax-Exempt bonds may be used to finance qualified manufacturing facilities, non-profit 501(c)(3) facilities and solid waste disposal facilities.
Item Formatapplication/pdf
Media TypeDocument
Item LanguageEnglish
PublisherSouth Carolina State Library
Digital CollectionSouth Carolina State Documents Depository
RightsCopyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
SubjectIndustrial development bonds--South Carolina
TitleIndustrial Development Bond Financing Program
TypeText
Digitization SpecificationsThis South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.