Brian Egan, Director of Governmental Affairs, NABL
Advance Refunding Bill Reintroduced
Representatives Kustoff and Ruppersberger reintroduced the Investing in Our Communities Act, which would restore tax-exempt advance refundings for municipal bonds.
Biden Releases FY2024 Budget Proposal
The White House’s FY2024 budget proposal is out and includes the “LIHTC Fix.”
The New NABL Advocacy Center
New Congress, new website, new advocacy tools. Learn more about the new advocacy related resources we are providing to our members.
Final Regs for 8038-CP e-Filing
The Internal Revenue Service (IRS) finalized rules for electronic filing of Form 8038-CP last week.
PFN Letter on FDTA Implementation
Issuer groups of the Public Finance Network (PFN) submit a letter to Treasury and SEC on the Financial Data Transparency Act (FDTA).
“No Stadium Bonds” Bill Reintroduced
Congress has reintroduced a bill to prohibit the use of tax-exempt bonds to finance professional stadiums. Here’s what we know.
Bill Introduced to Take Over Reedy Creek
Legislators in Florida recently introduced a bill that would rename the Orlando-area tax district and place it under greater state control instead of eliminating it.
Fed Eases but Stays the Course
Big news of the week: The Federal Reserve Bank raises rates 25 bp and signals more to come.
Extraordinary Measures Start: No SLGS Suspension
Treasury Secretary Yellen announced the U.S. had reached its statutory debt limit and would implement extraordinary measures. Notably absent— any mention of SLGS suspension.
Speaker in the House
With the election of Speaker Kevin McCarthy (R-CA) the 118th House of Representatives can now begin its work.
House Clears Updated NDAA with FDTA
On Thursday, the House of Representatives cleared a “pre-conferenced” version of the National Defense Authorization Act (NDAA) that included an amended version of the Financial Data Transparency Act (FDTA). Here’s…
A Busy December: What We’re Tracking
The 117th Congress may only have one month left this year, but legislators are returning to a long list of “must do’s.” Here’s what we’re tracking.