Restore Tax-Exempt Advance Refundings

A statement for the record from the Public Finance Network (PFN) in response to the July 30, 2024 Senate Finance Committee hearing.

The three-prong bill would restore tax-exempt advance refunding bonds, modernize the small borrower’s exemption, and implement a new direct pay bond program.

Key provisions of the Tax Cuts and Jobs Act (TCJA) begin to expire at the end of next year, teeing up the likelihood of a major tax package in the…

An October 19, 2023 update on NABL’s recent advocacy efforts, a recap of recent legislative and regulatory activity that we are tracking, and some discussion on what may be in…

Recap of the latest from Washington, D.C. and insights into what may be on the horizon for the remainder of the year.

A recap of the Board of Director’s advocacy meetings in Washington, D.C. on May 17 – 19.

Representatives Kustoff and Ruppersberger reintroduced the Investing in Our Communities Act, which would restore tax-exempt advance refundings for municipal bonds.

Statement for the Record of Dee P. Wisor, President, National Association of Bond Lawyers (NABL) in response to a U.S. House of Representatives Committee on Ways and Means hearing entitled…

Letter welcoming the 116th Congress and sharing our key priorities for the year.

Request that the Office of Indian Tribal Governments/Tax Exempt Bonds (“ITG/TEB”) provide written guidance regarding the treatment of tax-exempt bonds issued to advance refund taxable bonds that are not tax-advantaged…

The Tax Cuts and Jobs Act (TCJA) passed by Congress and signed into law on December 22, 2017 prohibits the issuance of tax-exempt advance refunding bonds after December 31, 2017.…

Letter from the Public Finance Network (PFN), including NABL, to members of the 115th Congress expressing opposition to the inclusion of provisions that would eliminate the tax exemptions for qualified…