Industrial Revenue Bond Program

Industrial Revenue Bond Program

Program Name: Industrial Revenue Bond Program

Resource Type: State

State: Texas, Gulf of Mexico

Agency: Program Source: Dedicated Revenue

Description: Other exempt facility bonds can be issued to finance certain facilities such as airports, dock and wharf facilities, mass commuting facilities, and high-speed inter-rail facilities. There is no limit on the amount of the issue and these issues do not require a reservation under the volume cap. Although the facility must be governmentally owned, it may be leased or subject to management contracts with the business.