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HGS Attorney Johnson Quoted on Proposed Special Purpose Taxing District Changes

Posted Wednesday, May 11th, 2016 by Jonathan T. Johnson

Hopping Green & Sams (HGS) attorney Jonathan Johnson was recently quoted in an article on proposed changes to special purpose taxing district regulations. The changes, proposed by the U.S. Department of Treasury and the Internal Revenue Service, would restrict access to infrastructure funding through tax exempt bonds. Such bonds are widely used by special purpose taxing districts in Florida, Alabama, and other states to finance construction and maintenance of infrastructure such as water and sewer facilities, roads, and conservation and mitigation areas.

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