Word: exemptive
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...Gilchrist, founder and president of the immigration law enforcement advocacy group Minuteman Project, said that if the United States is to be governed by the rule of law, the rule of law must not exempt any individual...
...riverfront property owned by the Massachusetts Transit Authority. The negotiations stretched from 1955 to 1966 and pitted the University against Cambridge City Council officials—particularly Alfred “Big Al” E. Velucci—who were opposed to the idea of a tax-exempt organization such as Harvard taking over an even larger share of lucrative Cambridge real estate...
Though Harvard has issued tax-exempt bonds as recently as January, which saw the completion of a $480 million bond offering, the potential implications of the report for the University remain unclear...
...University has over $6.5 billion in outstanding debt—though not all in the form of tax-exempt bonds—which it has used to finance capital projects such as Harvard Law School’s Northwest Corner Building, as well as to refinance other debt, according to a January report from Moody’s Investors Service...
...federal government forgoes the revenue from tax-exempt entities in exchange for the social benefit from these institutions. This report raises questions for parents, students, and taxpayers about universities’ issuing bonds and going into debt when they have money in the bank,” Grassley said in a statement on his Senate website...