A Calif. School District’s Path To Solar

Law360, New York (June 24, 2010, 7:18 PM EDT) -- Back on Feb. 17, 2009, when magazines and gossip shows were still gushing about the Obamas’ inaugural waltz, President Barack Obama signed into law the American Recovery and Reinvestment Act of 2009. The “Recovery Act” was a $787 billion measure intended to create and preserve jobs and to fund transportation, environmental protection and other infrastructure projects.

One provision in the Recovery Act intended to bring on the stimulus was Section 1521, which created qualified school construction bonds (“QSCBs”). QSCBs (pronounced “Q-scabs” by those in the know)...
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