Tax Reform Update

The Senate passed its version of the Tax Cuts and Jobs Act on December 2, retaining private activity bonds but eliminating advance refundings. Negotiations to work out remaining differences between the House and Senate bills are set to begin on Monday, December 4, 2017 with the formation of a House-Senate conference committee. The goal is to get an agreed-upon bill signed by the President by Christmas. We are asking NABL members to continue to contact their Republican representatives in Congress with the request that they keep, in full, the private activity bond provision contained in the Senate version of the bill, but also oppose the elimination of advance refunding bonds contained in both the House and Senate versions. In our continued advocacy efforts, NABL and over 30 organizations recently sent a letter to the full House and Senate expressing our deep concerns about the proposed federal income tax treatment of private activity bonds (PABs) and advance refunding bonds that are contained in the House and Senate versions of the Tax Cuts and Jobs Act. You can find that letter here.

Register for TSLI 2018 Today

The holidays are upon us. While you are busy closing out the year and partaking in this season’s festivities, take a moment to register for the 2018 Tax & Securities Law Institute (TSLI) where you can earn CLE credit and discuss matters of critical importance in the industry. This year’s TSLI will convene on February 22-23, 2018, at the JW Marriott Phoenix Desert Ridge, Phoenix, AZ.  As a past attendee shared, “This meeting is a fertile ground for exchanging new ideas and fostering new collaborations in the public finance sector.” TSLI is a NABL members-only event; registration is $895. Check off one thing from your year-end list by registering online for TSLI today at

Update Your NABL Listing

Make sure your listing is correct in the 2018 Membership Directory; update your online profile or contact NABL Membership and Database Manager, Blake Grimm, with any changes.  And, don't forget to pay your dues before the January 8, 2018 deadline. If you did not receive your membership renewal notice, contact the NABL office here.