A municipal security that is issued by subdivisions of local government to a private investor in an effort to fund individual projects. Exempt from gross income and therefore beneficial in terms of tax liability, private activity bonds are often used by cities, townships and other local municipalities to attract private funding for projects that may feature some advantage to the general public.
Related information about private activity bond (PAB):
- Private Activity Bond (PAB) Definition | Investopedia
Tax-exempt bonds issued by or on behalf of local or state government for the purpose of providing special financing benefits for qualified projects. The financing ...
- Private Activity Bond Authority
The Private Activity Bond (PAB) Program is Utah's tax-exempt bonding authority creating a lower cost, long-term source of capital under the Federal Tax Act of ...
- "private activity bonds" (PABs) - Municipal Securities Rulemaking ...
PRIVATE ACTIVITY BOND (PAB) – A municipal security the proceeds of which are used by one or more private entities. A municipal security is considered a ...
- What is private activity bond (PAB)? definition and meaning
Definition of private activity bond (PAB): A municipal security that is issued by subdivisions of local government to a private investor in an effort to fund individual ...
- Colorado Department of Local Affairs - Private Activity Bonds
The State of Colorado established its Private Activity Bond (PAB) allocation program by statute (24-32-1701 et seq, C.R.S.) to provide for the allocation of ...
- BUSINESS CERTIFICATION – IDB Applicants Only - Colorado.gov
The State of Colorado established its Private Activity Bond (PAB) allocation program by statute (24-32-1701 et seq, C.R.S.) to provide for the allocation of ...
- Private Activity Bond (PAB) Proceedings Industrial Development ...
Private Activity Bond (“PAB”): Tax- exempt bond issued by or on behalf of local or state government to provide lower-cost financing benefits for qualified projects.
- The Private Activity Bond (PAB) - Financial Web
A private activity bond or PAB is a type of bond that is issued by a municipality, but is designed for use by a private company. This creates a scenario in which the ...