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tractive because they offer tax-sheltered investments.
According to a bond counsel expert, direct links between IDBs and public funds are few, and may vary by local jurisdiction.
For example, a court stenographer in some localities may be paid by public funds for time spent in an Industrial Development Bond hearing. Even this, generally, is the exception rather than the rule.
Authorities who determine whether or not to issue bonds often are volunteers, or are paid by the person or organization applying for the IDBs.
84.9%