Committee
Tax Law
Advises our organization on developments in federal tax law, including developments pertaining to the U.S. Department of Treasury and the Internal Revenue Service (IRS), and prepares comment letters, informative memoranda, and other written materials pertaining to tax law.
Latest from the Committee
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).
Requests for 2023-2024 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2023-2024 Priority Guidance Plan.
Discussion on Legislative Technical Corrections
Member-exclusive discussion on various legislative proposals and potential technical corrections that could improve the tax-exempt bond market.
Suppl. Comments on IRS Notices 2022-49 and 2022-50
Follow up comments to a November 4, 2022 letter sent by NABL suggesting various areas of need for guidance relating to certain tax provisions enacted under the Inflation Reduction Act…
Request for Guidance On Qualified Broadband Bonds
Comments submitted to the Internal Revenue Service (IRS) requesting clarifying guidance pertaining to the recently enacted qualified broadband project bonds.
Declaration of Intent Requirement of Treasury Regulations § 1.150-2
Commentary sent to Treasury and the IRS describing the declaration of intent requirement for bond proceeds used to reimburse prior expenditures contained in Treasury Regulations § 1.150-2 and setting forth…
Committee Leadership
Chair
Brian P. Teaff
Bracewell LLP
Houston, TX
Vice Chair
Alison J. Benge
Pacifica Law Group LLP
Seattle, WA
Board Liaison
Marybeth Orsini
Ballard Spahr LLP
Baltimore, MD
Current Projects
Tax Diligence Best Practices
One or more tax due diligence tools for NABL members intended to provide a foundation for a due diligence process by providing a framework of items to review and consider.
Featured Resources
Inflation Reduction Act
Large domestic policy package offering more than $400 billion in new federal investment and $300 billion in deficit reduction.
Infrastructure Investment and Jobs Act (IIJA)
Bipartisan infrastructure bill passed in late 2021 that enacted two new types of exempt facility bonds.
IRS Priority Guidance
View NABL request submissions for each year.