Tax reform's impact

Journal Article · Sat Nov 01 04:00:00 EST 1986 · Waste Age; (United States)

OSTI ID:5854382

Franklin, W; Howard, S E

This article discusses how the Tax Reform Act of 1986 will affect the use of tax-exempt debt to finance resource recovery projects. Some results of the act that affect recovery plant financing are discussed in the article. Topics discussed include: why private developers may be less likely to make equity contributions and own plants; why the portion of tax-exempt issue which may be used to buy and install energy-producing equipment will be reduced; the reason a municipality can sell tax-exempt bonds to finance a resource recovery facility it will own and not get a state volume cap allocation; how spending of funds from tax-exempt bonds for purposes other than plant construction will be sharply limited; and how other provisions of the act may make tax-exempt bonds less attractive as investments to certain investors - possibly leading to higher interest rates on such bonds and higher tipping fees.

• Research Organization: Shearson Lehman Brothers' Resource Recovery Group
• OSTI ID: 5854382
• Journal Information: Waste Age; (United States), Journal Name: Waste Age; (United States) Vol. 17:11; ISSN WAGEA
• Country of Publication: United States
• Language: English

Related Subjects

09 BIOMASS FUELS
090400 -- Solid Waste & Wood Fuels-- (-1989)
140504 -- Solar Energy Conversion-- Biomass Production & Conversion-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320305* -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes-- Industrial Waste Management
320604 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Municipal Waste Management-- (1980-)
ALLOCATIONS
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
ENERGY FACILITIES
FINANCIAL INCENTIVES
FINANCING
INDUSTRIAL PLANTS
INVESTMENT
LAWS
LOCAL GOVERNMENT
PUBLIC POLICY
RESOURCE RECOVERY FACILITIES
STATE GOVERNMENT
TAX LAWS
TAXES
WASTE PROCESSING PLANTS