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
Muni Trades Response to SEC ABS Concept Release
NABL led coalition letter in response to an SEC proposal to harmonize the definition of “Asset-Backed Securities” under Regulation AB with that of the Exchange Act.
FY2026 Appropriations
We are tracking the status of FY2026 appropriations, where things stand, and what it all means for bond lawyers.
Muni Trades Request Extension on ABS Comment Deadline
A collection of associations representing various aspects of the municipal market request extension for recent SEC proposal on asset-backed securities.
Federal Appropriations Process
A quick primer to help bond lawyers better understand the federal appropriations process and its connection to municipal bond offerings.
On the Application of PBU Rules to Modern Technologies
Comments to the IRS requesting written guidance on the application of the private business use rules related to modern technologies.
Public Finance’s Vital Role in Making Housing More Affordable in Our Communities
In today’s economic environment, government subsidies are essential to encourage developers to produce quality housing that is affordable for lower-income families.
Committee Leadership
Chair
Latasha R. Thomas
Clark Hill PLC
Chicago, IL
Vice Chair
Tranny Arnold
PNC Financial Services Group, Inc.
Birmingham, AL
Board Liaison
Karen Jordan
Dentons US LLP
St. Louis, MO
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.