UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-Q



[x ] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the period ended                                 June 30, 2000
                     -----------------------------------------------------------

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the transition period from                           to
                               -------------------------     -------------------

Commission File Number                          333-37504


                          ICON Income Fund Eight B L.P.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Delaware                                          13-4101114
--------------------------------------------------------------------------------
(State or other jurisdiction of             (IRS Employer Identification Number)
incorporation or organization)


              111 Church Street, White Plains, New York 10601-1505
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip code)


                                 (914) 993-1700
--------------------------------------------------------------------------------
               Registrant's telephone number, including area code



         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.



                                                           [ x] Yes     [  ] No




<PAGE>






                          ICON Income Fund Eight B L.P.
                        (a Delaware Limited Partnership)

                                  Balance Sheet

                                  June 30, 2000

                                   (Unaudited)
<TABLE>


          Assets

<S>                                                                                               <C>
Cash                                                                                              $  1,288,888

Investment in finance leases
   Minimum rents receivable                                                                          2,270,380
   Estimated unguaranteed residual values                                                              207,180
   Initial direct costs                                                                                 60,859
   Unearned income                                                                                    (436,448)
                                                                                                 --------------

                                                                                                     2,101,971

Total assets                                                                                      $  3,390,859

         Liabilities and Partners' Equity

Accounts payable-General Partner                                                                 $     120,231
Accounts payable-other                                                                                   3,497
                                                                                                 -------------

                                                                                                       123,728

Commitments and Contingencies

Partners' equity
        General Partner                                                                                  1,117
        Limited Partners (37,611.39 units outstanding,
        $100 per unit original issue price)                                                          3,266,014
                                                                                                 -------------

        Total partners' equity                                                                       3,267,131

Total liabilities and partners' equity                                                            $  3,390,859
                                                                                                  ============
</TABLE>







See accompanying notes to financial statements.


<PAGE>




                          ICON Income Fund Eight B L.P.
                        (A Delaware Limited Partnership)

                             Statement of Operations

      For the period February 7, 2000 (date of inception) to June 30, 2000
                                   (Unaudited)
<TABLE>


Revenues
<S>                                                                                 <C>
    Finance income                                                                  $      17,620
    Interest income                                                                           253
                                                                                    -------------

    Total revenues                                                                         17,873

Expenses
    Management fees - General Partner                                                       2,415
    General and administrative                                                              1,451
    Amortization of initial direct costs                                                    1,295
    Administrative expense reimbursements - General Partner                                   966
                                                                                    -------------

Total expenses                                                                              6,127

Net income                                                                          $      11,746
                                                                                    =============

Net Income allocable to:
    Limited Partners                                                                $      11,629
    General Partner                                                                           117
                                                                                    -------------

                                                                                    $      11,746

Weighted average number of limited partnership units outstanding                           18,806
                                                                                    =============

Net income per weighted average limited partnership unit                            $         .62
                                                                                    =============

</TABLE>


















See accompanying notes to financial statements.

<PAGE>



                          ICON Income Fund Eight B L.P.
                        (A Delaware Limited Partnership)

                    Statement of Changes in Partners' Equity

            For the Period from February 7, 2000 (date of inception)
                                to June 30, 2000

                                   (Unaudited)
<TABLE>


                                                                      Limited           General
                                                                      Partners          Partner             Total
<S>                                                                     <C>            <C>             <C>

Initial partners
capital contributions                                             $        1,000     $      1,000    $        2,000

Proceeds from issuance
of limited partnership
units (37,611.39 units)                                                3,761,139                          3,761,139

Sales and offering expenses                                             (507,754)                          (507,754)

Net income                                                                11,629              117            11,746
                                                                  --------------     ------------    --------------
Balance at June 30, 2000                                          $    3,266,014     $      1,117    $    3,267,131
                                                                  ==============     ============    ==============

</TABLE>





















See accompanying notes to financial statements.


<PAGE>





                          ICON Income Fund Eight B L.P.
                        (A Delaware Limited Partnership)

                             Statement of Cash Flows

            For the Period from February 7, 2000 (date of inception)
                                to June 30, 2000

                                   (Unaudited)
<TABLE>



Cash flows provided from operating activities:
<S>                                                                                     <C>
  Net income                                                                            $      11,746
                                                                                     ----------------
Adjustments to reconcile net income to net cash
  provided by operating activities:
          Amortization of initial direct costs 1,295 Changes in operating assets
and liabilities:
          Collection of principal non-financed receivables                                     30,686
Accounts payable to General Partner                                                           120,231
          Accounts payable-other                                                                3,497

Total adjustments                                                                             155,709

Net cash provided by operating activities                                                     167,455
                                                                                    -----------------

Cash flows from investing activities:
     Equipment purchased                                                                   (2,071,798)
     Initial direct costs                                                                     (62,154)

Net cash (used for) investing activities                                                   (2,133,952)
                                                                                    ------------------

Cash flows provided by financing activities:
     Initial partners capital contributions                                                     2,000
     Issuance of limited partnership units, net of offering expenses                        3,253,385

Net cash provided by financing activities                                                   3,255,385
                                                                                    -----------------

Net increase in cash                                                                        1,288,888

Cash at beginning of  period                                                                        0

Cash at end of period                                                                   $   1,288,888
                                                                                    =================



</TABLE>




See accompanying notes to financial statements.



<PAGE>


                          ICON Income Fund Eight B L.P.
                        (A Delaware Limited Partnership)

                          Notes to Financial Statements

                                  June 30, 2000
                                   (Unaudited)

1.       Organization

         ICON  Income  Fund  Eight B L. P.  (the  "Partnership")  was  formed on
February   7,  2000  as  a  Delaware   limited   partnership   with  an  initial
capitalization  of $2,000.  It was formed to acquire various types of equipment,
to lease such equipment to third parties and, to a lesser degree,  to enter into
secured  financing   transactions.   The   Partnership's   maximum  offering  is
$75,000,000.  The  Partnership  commenced  business  operations  on its  initial
closing date, June 14, 2000, with the admission of 15,815.51 limited partnership
units at $100 per unit representing  $1,581,551 of capital contributions.  As of
June  30,  2000,  21,795.88  additional  units  had  been  admitted  in  to  the
partnership  with  aggregate  gross  proceeds of  $2,179,588  bringing the total
admission to 37,611.39 units totaling $3,761,139 in capital contributions.

         The General  Partner of the  Partnership  is ICON  Capital  Corp.  (the
"General Partner"), a Connecticut  corporation.  The General Partner manages and
controls  the  business  affairs  of the  Partnership's  equipment,  leases  and
financing transactions under a management agreement with the Partnership.

2.       Capital Contribution

         The General Partner has made an initial capital contribution of $1,000,
and the initial  limited  partner has made an initial  capital  contribution  of
$1,000 to the Partnership.

3.       Commitment and Contingencies

         The Partnership has not applied for an advance ruling from the Internal
Revenue  Service;  however,  in the opinion of counsel the  Partnership  will be
classified as a Partnership and not as an association  taxable for U.S.  Federal
income tax purposes.  In the absence of a ruling, there cannot be assurance that
the Partnership will not constitute an association taxable as a corporation.

4.      Related Party Transactions

       Fees and  expenses  paid or accrued  by the  Partnership  to the  General
Partner or its affiliates for the period ended June 30, 2000 were as follows:

Organization and offering expenses        $ 131,640    Charged to equity
Underwriting commissions                     75,223    Charged to equity
Acquisition fees                             62,154    Capitalized
Management fees                               2,415    Charged to operations
Administrative expense reimbursements           966    Charged to operations
                                          ---------

                                          $ 272,398
                                          =========









                          ICON Income Fund Eight B L.P.
                        (A Delaware Limited Partnership)

                                  June 30, 2000


Item 2: General  Partner's  Discussion  and Analysis of Financial  Condition and
Results of Operations

Results of Operations for the period ended June 30, 2000

       As the  Partnership  commenced  operations  on June 14, 2000,  results of
operations  for the period  ended June 30, 2000 do not reflect a full six months
of activity.  For the period ended June 30, 2000, the Partnership  purchased and
leased equipment with an initial cost of $2,071,798 to one lessee, and generated
net income of $11,746.

Liquidity and Capital Resources

       The Partnership's  primary sources of funds for the period ended June 30,
2000 were capital  contributions,  net of offering expenses, of $3,255,385.  The
Partnership  intends to  continue  to  purchase  equipment  and fund future cash
distributions utilizing funds from capital contributions and cash generated from
operations.









<PAGE>



                          ICON Income Fund Eight B L.P.
                         (a Delaware Limited Partnership


PART II - OTHER INFORMATION


Item 6 - Exhibits and Reports on Form 8-K

No reports on Form 8-K were filed by the  Partnership  during the quarter  ended
June 30, 2000.


<PAGE>





                          ICON Income Fund Eight B L.P.
                        (a Delaware Limited Partnership)



                                   SIGNATURES


      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                     ICON  Income  Fund  Eight B L.P.
                                     File No. 333-37504(Registrant)
                                     By its General Partner,
                                     ICON Capital Corp.





     August 10, 2000                 /s/Thomas W. Martin
----------------------               ----------------------------------------
         Date                        Thomas W. Martin
                                     Executive Vice President
                                     (Principal financial and accounting officer
                                     of the General Partner of the Registrant)