Private Activity Bond Advisory Committee

The Private Activity Bond (PAB) Advisory Committee was created by Executive Order No. 14-11 and is charged with surveying the need for private activity bonds statewide and making recommendations to the Emergency Board regarding allocations of the State’s volume cap. The committee makes its recommendation to the Emergency Board by December 1 of each year regarding apportionment of private activity bonds for the coming year and files a report with the Governor and State Legislature.

The committee is made up of three ex officio members and two appointees of the Governor. The ex officio members are the State Treasurer, who serves as Chair, the Secretary of Administration, and the Secretary of Commerce and Community Development or their respective designees.

Below is a slide presentation from the committee's first meeting on December 14, 2011. The presentation describes the duties of the committee, what private activity bonds are, and reviews national trends.

 

Slide Presentation - Private Activity Bonds Public Hearing

Memo - A Brief Overview of Tax-Exempt Financing for "Exempt Facilities" and Manufacturing Facilities

 

Committee Members
  • Beth Pearce, State Treasurer, Committee Chair
  • Justin Johnson, Secretary of Administration
  • Patricia Moulton, Secretary of Commerce and Community Development
  • VACANT, Governor's Appointee
  • VACANT, Governor's Appointee

 

Meeting Notices, Agenda and Minutes

 

2015 Agenda 2015 Minutes
7/22/2015

7/22/2015

11/20/2015

11/20/2015

 

2014 Agenda 2014 Minutes

7/1/2014

7/1/2014

11/5/2014

11/5/2014

11/24/2014

11/24/2014