Industrial Development Bond Financing Program

Authors
South Carolina Jobs-Economic Development Authority
Keywords
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.
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Issue Date
2017
Contributor
Date Accessioned
2017-12-20T13:41:59Z
Date Available
2017-12-20T13:41:59Z
Item Format
application/pdf
Media Type
Document
Item Language
English
Publisher
South Carolina State Library
Digital Collection
South Carolina State Documents Depository
Rights
Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Type
Text
Digitization Specifications
This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.