Stimulus Act - Great News for Bonds

February 20, 2009

The American Recovery and Reinvestment Act of 2009 effective February 17, 2009 offers sweeping new changes in the municipal bond arena.  Most of the changes apply only to bonds issued in 2009 and 2010.  Many of the provisions are complex so it is impossible to accurately summarize the details of each item.  Frost Brown Todd will be embarking upon a series of seminars to more adequately explain the provisions of the Recovery Act.  We will be contacting you soon with information with respect to dates and locations for these seminars.

Some of these beneficial changes are: