Tax Cuts and Jobs Act (TCJA)

Congress passed the Tax Cuts and Jobs Act (TCJA) in 2017. The large tax bill passed under reconciliation rules made major changes to the Internal Revenue Code (IRC), including the…

Request that the Internal Revenue Service (“IRS”) significantly lower the user fee it charges State and local governments for private letter rulings related to tax-advantaged bonds (the “User Fee”) and…

Requested items for inclusion on the Internal Revenue Service’s (IRS) 2019-2020 Priority Guidance Plan.

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…

Letter to congressional leadership reiterating the importance of maintaining federal income tax treatment of state and local government bonds, including private activity bonds (PABs) and advance refunding bonds.

Comments from the Public Finance Network (PFN) to the Ways and Means Committee as it begins its work on reforming the Internal Revenue Code (IRC).

Comments from the Public Finance Network (PFN) to the Senate Finance Committee as it begins its work on reforming the Internal Revenue Code (IRC).

Written statement provided by the Municipal Bonds for America (MBFA) coalition for a May 28, 2017 House Committee on Ways and Means hearing entitled “How Tax Reform will Grow Our…

Issuer letter to the 115th Congress on the importance of tax-exempt bonds to communities and the nation’s infrastructure.