Advocacy

FY2024 Appropriations
We are tracking the status of FY2024 appropriations, where things stand, and what it all means for bond lawyers.

Federal Appropriations Process
A quick primer to help bond lawyers better understand the federal appropriations process and its connection to municipal bond offerings.

While We Were Out
We took a break from the Wrap while Congress adjourned for August recess, but this month was nonetheless a busy one. Catch up quickly on updates from while we were…

Amicus Brief IMPA v. US (Cert)
A joint amicus brief submitted by NABL and several other municipal market groups in support of a petition for a writ of certiorari in the Indiana Municipal Power Agency v.…

On Proposed Regulations for Section 6417 Elective Payments of Applicable Credits
Comment letter submitted to the Internal Revenue Service (IRS) in response to Proposed Regulations §§1.6417-1 through 1.6417-6 on Section 6417 Elective Payment of Applicable Credits (IRS REG – 101607-23).

Understanding the Debt Ceiling
What are the debt ceiling and federal downgrades, and what do they mean for municipal bonds.

ESG Month in Washington
House Republicans have launched a month-long focus on Environmental, Social, and Governance (ESG) factors in financial markets. Here’s what we know.

Q2 Advocacy Update
Recap of the latest from Washington, D.C. and insights into what may be on the horizon for the remainder of the year.

Input on Municipal Disclosure Guidance
NABL is again considering seeking additional guidance on municipal disclosure obligations and updates to the U.S. Securities and Exchange Commission’s (SEC’s) 1994 Interpretive Release.

Debt Deal Done; What’s Next?
A look at Congress’ long to-do list heading into a busy second half of 2023.

Requests for 2023-2024 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2023-2024 Priority Guidance Plan.

Tracking the Debt Deal
Here’s what we know on the Biden/McCarthy deal to suspend the debt ceiling for two years.