Capizzi, Robert L.

Current Employment Position(s)

Of Counsel

Lawyer Overview

Bob Capizzi focuses his practice on the federal income tax aspects of tax-exempt finance, including qualified 501(c)(3) bonds for health care, educational and cultural institutions, governmental bonds, private activity bonds for airports, multifamily housing and other facilities, acquisition financings, working capital financings, pooled financings, advance refundings, current refundings, and debt restructurings. Bob's practice includes advising clients regarding various arbitrage matters, including arbitrage rebate. His practice also includes counseling clients regarding derivative and financial products, including various types of interest rate swaps and financial asset securitizations. Bob also represents borrowers in IRS tax audits and the negotiation of closing agreements with the IRS.

Bob regularly serves as tax counsel for various types of tax-exempt health care financings for multistate systems and individual borrowers, including recent transactions for American Baptist Homes of the West, Avera Health, Elmhurst Memorial Healthcare, Evanston Northwestern Healthcare, Hospital Sisters Services, Methodist Healthcare, Owensboro Medical Health System, Palmetto Health, Provena Health, Regional Health, Rehabilitation Institute of Chicago, Resurrection Health Care, Retirement Housing Foundation, Southern Illinois Healthcare Enterprises, and Swedish Covenant Hospital.

Bob is a member of the National Association of Bond Lawyers. He recently coauthored an article for AHLA Connections titled "A Practical Guide to Compliance with Contract Safe Harbors for Use of Bond-Financed Property." Bob has been named in the "Leading Lawyers Network" of leading tax and public finance lawyers in Illinois since 2005. He is also a certified public accountant (CPA) (inactive).

Areas of Practice

• Tax
• Health Care
• Taxation of Municipal Bonds
• Finance/Health Care

Representative Cases

• Kentucky Utilities Company completes $26.8 million tax-exempt offering of 2007 Series A Pollution Control Bonds , (2009)
• Louisville Gas and Electric Company completes tax-exempt offering of $60 million of 2007 Series A Bonds , (2009)
• Ziegler Capital Markets underwrites $77,805,000 tax exempt bonds for Southern California Presbyterian Homes

West Practice Categories

Banking & Finance Law, Corporate Taxation, Disability, Elder Law, Estate & Gift Taxation, Excise Taxes, Food & Drug Administration, Health & Health Care Law, Hospital Law, Income Taxation, International Taxation, Medicare & Medicaid, Mental Health, Nursing Home, Payroll Taxes, Property (Ad Valorem) Taxes, Sales & Use Taxes, Social Security -- Disability, Taxation Law

Bar Admissions

• Illinois

Education

• SU of New York- Buffalo

Published Works

• A Practical Guide to Compliance with Contract Safe Harbors for Use of Bond-Financed Property, co-author, AHLA Connections, 2009
• Proposed Regulations Modify Arbitrage Regulations, 2007
• $150 Million Non-Hospital Bond Limitation Eliminated For New Capital Expenditures, coauthor, BNA's Health Law Reporter, 1997
• Congress Enacts New Tax Act That Liberalizes $150 Million Limitation On Non-Hospital Bonds, coauthor, NHLA/AAHA Health Law Digest, 1997
• IRS Finalizes Management Contract and Change In Use Rules, coauthor, BNA's Health Law Reporter, 1997
• New Developments in Tax Planning for Joint Operating Company Arrangements, coauthor, The Exempt Organization Tax Review, 1996

Address

77 West Wacker
Chicago, IL 60601-1692

Phones

1.312.269.1504 (Business Phone)

Faxes

1.312.782.8585 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com