The Governmental Affairs Committee (or “GAC) serves to encourage and aide our members in advocating on the importance of tax-advantaged bonds to state and local governments. The committee helps coordinate our federal policy initiatives across other committees and oversees are organizational advocacy work. Check out our advocacy center to see the committee’s work.

Latest from the GAC

U.S. Capitol Building in Washington DC in front of a NABL pattern.
U.S. Capitol Building in Washington DC in front of a NABL pattern.
  • News

Tracking Tax Reform in 2025

Congress is focused on addressing the pending expirations of the Tax Cuts and Jobs Act (TCJA) prior to the end of this calendar year. Here’s where things stand and what…

  • Comments

Requests for 2025-2026 IRS Priority Guidance

Requested items for inclusion on the Internal Revenue Service’s (IRS) 2025-2026 Priority Guidance Plan.

Market graphic imposed on US Treasury Building in Washington, D.C.
Market graphic imposed on US Treasury Building in Washington, D.C.
  • Issue Briefs

Understanding the Debt Ceiling

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

  • Input Requested

Board of Directors Nominations

We are now accepting nominations through June 13, 2025, for members to serve on our Board of Directors.

Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
  • News

FY2025 Appropriations

We are tracking the status of FY2025 appropriations, where things stand, and what it all means for bond lawyers.

  • Comments

Protecting Tax-Exempt Municipal Bonds

Letter sent by the Public Finance Network (PFN), including NABL, to members of the 119th Congress in support of the tax exemption on municipal bonds.

Committee Leadership

Chair

Latasha R. Thomas

Clark Hill PLC
Chicago, IL

Vice Chair

Tranny Arnold

PNC Financial Services Group, Inc.
Birmingham, AL

Board Liaison

Marybeth Orsini

Ballard Spahr LLP
Baltimore, MD

Other Resources

Take ActionGrassroots Advocacy Center

Visit to take action and advocate for municipal bond priorities.

Supporting Our Communities

Our Priorities

Learn about our federal policy priorities and why they matter to bond lawyers.