Tax-Exempt Bond Compliance Guide

The Tax-Exempt Bond Compliance Guide outlines rules and best practices for issuers and investors of municipal bonds that are exempt from federal taxes. These bonds fund public projects like schools and roads. Compliance ensures the bonds are used properly, adhere to legal requirements, and maintain their tax-exempt status. This involves managing restrictions on how the proceeds are spent, avoiding private use that could jeopardize tax benefits, and filing necessary reports. Following these guidelines helps protect the bondholders’ tax advantages and maintains the integrity of the municipal bond market.