United States Stimulus Act
Guide to Qualified Zone Academy Bonds
Qualified Zone Academy Bonds (QZABs) were created in 1997 by the Tax Payer Relief Act. Currently the represent the best opportunity for “qualified” school districts to borrow WITHOUT HAVING TO PAY INTEREST.
There is extensive information regarding QZABS on the WEB, including the following sites:
There are numerous steps involved in Zone Academy Bonds. Ensure that you always work with a licensed (SEC & FINRA) investment firm.
Important Note: Because of the complexity and numerous steps with tax credit bonds, it is prudent to work with a licensed Investment Firm or Broker. To check on prospective firms, go to the FINRA (Financial Industry Regulatory Authority) or Click below. In only takes a few seconds.


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The United State’s leading QZAB firm as of as of:
June 5, 2009: McLiney And Company Number of QZAB CLOSED: 351
American Recovery and Reinvestment Tax Act of 2009