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PENNSYLVANIA RECORD

Friday, May 3, 2024

GREENBERG TRAURIG LLP: Webinar | Addressing Governmental Cash Flow Difficulties Due to COVID-19 Through Short-Term Tax-Exempt TRANs

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Greenberg Traurig recently issued the following announcement.

Shareholders Rebecca Harrigal and Vanessa Albert Lowry will lead a webinar discussing methods available to state and local governments that may be facing delays and reductions in tax and other revenues, and increased costs due to COVID-19. Focusing on the issuance of tax anticipation notes (“TANs”), revenue anticipation notes (“RANS’ collectively “TRANs”), and the potential acquisition of those TRANS by the Federal Reserve through the use of the Municipal Liquidity Facility, they will explore possible ways to alleviate governmental cash-flow difficulties.

Date: May 13, 2020

Original source can be found here.

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