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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income taxes. The Fund invests at least 80% of its Managed Assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund’s investment policies provide that the Fund invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST
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Comment by cetaitpasprevuon Feb 12, 2018 3:54pm
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Post# 27546772

RE:RE:Bill 157 vote tommorow in QC assembly

RE:RE:Bill 157 vote tommorow in QC assemblyIt is not the adoption of the bill, it is the adoption of the PRINCIPLE, it is a step well before the final approval.

Stages in the Consideration of a Public Bill

The following stages normally take place in separate sittings of the Assembly:

  1. Introduction: The bill’s sponsor (an MNA or minister) presents it to the Assembly for consideration. The bill can usually be consulted online in the list of bills under consideration within one hour of its introduction.
  2. Referral for consultation: This optional stage allows MNAs to learn the needs and opinions of the persons or bodies affected by a bill. To this end, the Government House Leader moves that the bill be referred to a committee for consultation.
  3. Passage in principle: At this stage, MNAs debate the spirit and principle of the bill before the Assembly.
  4. Committee stage: The bill is studied in a parliamentary committee or a committee of the whole (which includes all 125 MNAs). The committee is chosen according to its areas of competence and its members examine each of the bill’s clauses.
  5. Report stage: The Assembly votes on the committee’s report, which must be adopted for the process to continue.
  6. Passage: This is the final stage before a bill is given assent
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