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January 21,
2011
Dear state QZAB director,
The U.S. Tresury has just announced the 2011 QZAB
allocations by state. See the attachment to find your state's allocation.
Remember, you can now give out the allocations to your QZAB-eligible school
districts without waiting for the letter from the U.S. Education Secretary.
The 2011 QZAB allocatons provide only tax credits, without the option
of Federat direct interest payments, as in the case of 2009 and 2010 allocations.
If you have any questions, or need any assistance, please feel free to
contact me or our Education VP Dr. Laurence Peters, the First QZAB director
at the U.S. education Department.
The 2011 allocation ($400 Million) expires on December 31, 2013
The national limitation for QZABs issued under § 54E for calendar
year 2011 is $400 million. This amount is allocated among the States as
follows:
Qualified Zone Academy Bond Allocations by State or Territory, 2011
| State
or Territory |
QZAB
Allocation for 2011 (in dollars) |
| Alabama |
$7,194,000 |
| Alaska |
$553,000 |
| Arizona |
$9,521,000 |
| Arkansas |
$4,637,000 |
| California |
$45,855,000 |
| Colorado |
$5,527,000 |
| Connecticut |
$2,841,000 |
| Delaware |
$861,000 |
| District of
Columbia |
$898,000 |
| Florida |
$24,235,000 |
| Georgia |
$14,161,000 |
| Hawaii |
$1,178,000 |
| Idaho |
$1,943,000 |
| Illinois |
$14,932,000 |
| Indiana |
$8,001,000 |
| Iowa |
$3,058,000 |
| Kansas |
$3,213,000 |
| Kentucky |
$6,896,000 |
| Louisiana |
$6,870,000 |
| Maine |
$1,443,000 |
| Maryland |
$4,549,000 |
| Massachusetts |
$5,883,000 |
| Michigan |
$13,987,000 |
| Minnesota |
$4,986,000 |
| Mississippi |
$5,543,000 |
| Missouri |
$7,597,000 |
| Montana |
$1,271,000 |
| Nebraska |
$1,897,000 |
| Nevada |
$2,892,000 |
| New Hampshire |
$990,000 |
| New Jersey |
$7,132,000 |
| New Mexico |
$3,208,000 |
| New York |
$24,194,000 |
| North Carolina |
$13,178,000 |
| North Dakota |
$651,000 |
| Ohio |
$15,181,000 |
| Oklahoma |
$5,143,000 |
| Oregon |
$4,796,000 |
| Pennsylvania |
$13,556,000 |
| Rhode Island |
$1,093,000 |
| South Carolina |
$6,730,000 |
| South Dakota |
$990,000 |
| Tennessee |
$9,431,000 |
| Texas |
$37,014,000 |
| Utah |
$2,872,000 |
| Vermont |
$618,000 |
| Virginia |
$7,197,000 |
| Washington |
$7,176,000 |
| West Virginia |
$2,824,000 |
| Wisconsin |
$6,102,000 |
| Wyoming |
$482,000 |
| American Samoa |
$358,000 |
| Guam |
$366,000 |
| Northern Mariana
Islands |
$212,000 |
| Puerto Rico |
$15,765,000 |
| U.S. Virgin
Islands |
$319,000 |
| Total
Allocation |
$400,000,000 |
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