Committee
Governmental Affairs
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
Six Takeaways from the Midterm Elections
Voters sent a clear message to the current leadership this week, but what does it mean for municipal bonds?
Response to Racial Nondiscrimination in Private Schools Proposal
NABL comments in response to a proposed rule (REG–119986–25) that would jeopardize a private school’s tax-exempt status if it pursues select social policies.
October 2026 Advocacy Digest
Final midterm election dash, SEC targets JPAs, IRS racial nondiscrimination proposal. Here’s what happened in October.
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.
Committee Leadership
Chair
Latasha R. Thomas
Clark Hill PLC
Chicago, IL
Vice Chair
Tranny Arnold
PNC Financial Services Group, Inc.
Birmingham, AL
2nd Vice Chair
Tobias Tobler
Pacifica Law Group LLP
Seattle, WA
Board Liaison
Brian Garzione
Hawkins Delafield & Wood LLP
Washington, DC
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.