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QZABs

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AcronymDefinition
QZABsQualified Zone Academy Bonds


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QZABs are tax-credit bonds that can be used by qualifying school districts for the renovation and repair of school buildings, investments in new technology and the training of teachers, but cannot be used for new construction.
4 billion to the Qualified Zone Academy Bonds, or QZABs, offering no-interest loans for new construction and renovations.
QZABs can also provide an alternative investment for banks with a significant number of municipal bonds in their portfolios.
 
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