Tax-Exempt Debt Post-Issuance Compliance Policy and Procedures
Policy
This Policy outlines the framework and procedures required to maintain the tax-exempt status of the University’s outstanding bond issuances in compliance with federal tax rules. This includes tracking the use of bond proceeds, limiting private business use (i.e., third-party leases, management contracts, or sponsored research), monitoring arbitrage rebate requirements, and meeting strict federal recordkeeping and continuous disclosure obligations. The policy is designed to ensure the University proactively identifies, reviews, and remediates potential compliance risks to protect its financial and tax-exempt standing.
Related Procedures
- There are no related procedures.
Related Forms
- There are no related forms.