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
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.
Reconciliation 2.0
What’s happening? And what’s next for a potential second budget bill?
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.