On February 17, 2009, President Obama signed the widely anticipated economic stimulus
legislation formally known as the American Recovery and Reinvestment Act of 2009 (the
Act). The Act encourages more activity in the public finance sector by, among other things,
introducing new types of bonds.
Public Finance: Build America Bonds - An Introduction
March 12, 2009
On February 17, 2009, President Obama signed the widely anticipated economic stimulus
legislation formally known as the American Recovery and Reinvestment Act of 2009 (the
Act). The Act encourages more activity in the public finance sector by, among other things,
introducing new types of bonds.
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legislation formally known as the American Recovery and Reinvestment Act of 2009 (the
Act). The Act encourages more activity in the public finance sector by, among other things,
introducing new types of bonds.