Vermont Statutes Annotated — Title 32 (Taxation and Finance)
32 V.S.A. § 993
Public approval, out-of-state issuers
Notwithstanding any provision to the contrary in Title 9, the Governor, in consultation with the State Treasurer, shall have exclusive authority to grant any public approval required under Section 147(f)(2) of the Internal Revenue Code of 1986, as amended, pertaining to the proposed issuance of qualified private activity bonds when the purpose of the bonds is to finance or refinance purposes to be located within the State and the bonds are proposed by any issuers of qualified private activity bonds organized under the laws of a jurisdiction other than the State of Vermont.
Approval shall not be withheld unless the Governor, in consultation with the State
Treasurer, determines in good faith that the issuance is not financially sound. (
Source: view the official text
In this chapter (40 sections)
- 13-953 · Sales, record
- 13-954 · Proceeds
- 13-955 · Anticipation of proceeds
- 13-956 · Time available
- 13-957 · Consolidation
- 13-958 · Expiration of office
- 13-959 · Repealed. 1989, No. 52, § 17(a), eff. May 17, 1989
- 13-960 · Issuance of bonds
- 13-961 · Refunding bonds
- 13-962 · Private use compliance, notice, and approval
- 13-971 · Repealed. 1966, No. 32, § 3
- 13-972 · Transportation Infrastructure Bonds
- 13-973 · Issuance of bonds
- 13-974 · Security documents
- 13-975 · Proceeds
- 13-975a · Authority of Treasurer
- 13-975b · Debt service appropriations
- 13-976 · Anticipation of proceeds
- 13-977 · Refunding bonds
- 13-978 · Pledge
- 13-979 · Authorities
- 13-980 · Authority to issue Transportation Infrastructure Bonds
- 13-981 · Form of bonds or notes
- 13-982 · Transfer agent
- 13-983 · Confidential registry
- 13-984 · Additional powers
- 13-985 · Application
- 13-991 · Definitions
- 13-992 · Allocation; authority
- 13-993 · Public approval, out-of-state issuers
- 13-994 · Recommendation regarding private bond volume cap
- 13-995 · Agreements for the exemption of interest
- 13-996 · Delegation authorized
- 13-997 · State covenant
- 13-998 · Loans and grants
- 13-999 · Interest remittance and payments
- 13-1000 · Affordable amount of general obligation bond authorization
- 13-1001 · Capital Debt Affordability Advisory Committee
- 13-1001a · Reports
- 13-1001b · Cash Fund for Capital and Essential Investments