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(Download) "Good News for Sectarian Educational Institutions Issuing Tax-Exempt Bonds (A Court Rules That the Issuance of Tax-Exempt Bonds to a Sectarian University Does Not Violate the First Amendment)" by Review of Business * Book PDF Kindle ePub Free

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Good News for Sectarian Educational Institutions Issuing Tax-Exempt Bonds (A Court Rules That the Issuance of Tax-Exempt Bonds to a Sectarian University Does Not Violate the First Amendment)

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eBook details

  • Title: Good News for Sectarian Educational Institutions Issuing Tax-Exempt Bonds (A Court Rules That the Issuance of Tax-Exempt Bonds to a Sectarian University Does Not Violate the First Amendment)
  • Author : Review of Business
  • Release Date : January 22, 2003
  • Genre: Business & Personal Finance,Books,
  • Pages : * pages
  • Size : 298 KB

Description

The Sixth Circuit Court of Appeals has held that the issuance of tax-exempt bonds to a sectarian university does not violate the First Amendment as the bonds were part of a neutral program to benefit education and conferred only an indirect benefit on the university. The court held that the nature of the institution is irrelevant and that the conduit financing advanced a governmental interest without creating the impression that the government was endorsing religion. Introduction


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