NABL Encourages Members of Congress to Sign Ruppersberger/Stivers Dear Colleague Letter
Congressmen Dutch Ruppersberger (D-MD) and Steve Stivers (R-OH), co-chairs of the House Municipal Finance Caucus, have circulated a letter to all members of the House of Representatives asking their colleagues to join them in supporting municipal bonds. The letter states in part, “Any proposal to eliminate or reduce the value of the tax exemption on municipal bonds will raise borrowing costs for our state and local governments, reduce infrastructure investment in the communities we represent, and stall or threaten job creation.” The letter is addressed to House Ways & Means Chairman Neal and Ranking Member Brady. All members of the House of Representatives are invited to sign on.
NABL Request: Please contact your representative in the House and encourage him/her to sign onto the letter. As part of that outreach, please also encourage them to consider joining the Municipal Finance Caucus if they are not already a member. Please share this information with your issuer clients and ask them to make the same request.
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