Advocacy
On Municipal Disclosure Obligations (2026)
Additional high-level observations and specific suggestions with respect to certain municipal disclosure topics where SEC clarification and guidance would prove most helpful to the municipal market.
September 2026 Advocacy Digest
Bond yields surge, SEC on MA disclosure roles, and IRS targets private schools. Here’s what happened in September.
Request for Tax Guidance Priorities
Members can help inform NABL’s future requests for IRS guidance on tax issues.
August 2026 Advocacy Digest
The House is back, FY2027 appropriations, surface transportation, Jackson Hole, and more. Here’s what happened in August.
Statement: W&Ms Hearing on Taxation of Professional Sports
NABL comments submitted to the record of the June 30, 2026 Ways and Means Committee hearing relating to tax-exempt bonds for stadiums and recreational facilities.
Race to August Recess
Reconciliation 3.0? FY2027 appropriations? Surface transportation reauthorization? Here’s what we’re monitoring this summer.
Hearing on “The Growing Busines of Sports”
This week, the Ways and Means Committee held a hearing on the tax treatment of the sports industry, including the use of tax-exempt bonds for stadiums.
Regulators Issue Final Joint Rule for FDTA
The Covered Agencies involved in the implementation of the Financial Data Transparency Act (“FDTA”) have finalized their phase one joint standard setting process.
Financial Data Transparency Act (FDTA)
Legislation passed at the end of 2022 to apply data standards to information submitted to and managed by several financial regulators, including the MSRB.
Requests for 2026-2027 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2026-2027 Priority Guidance Plan.
On Guidance for Tax-Exempt Refunding Bonds [REG-117298-21]
NABL response to an IRS notice of proposed rulemaking relating to tax-exempt refunding bonds and allocation and accounting rules.
FY2026 Appropriations
We are tracking the status of FY2026 appropriations, where things stand, and what it all means for bond lawyers.