Latest from the Committee

  • Comments

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…

  • Comments

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.

  • Comments

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…


Multipurpose Issue Allocations in Refundings with “Debt Savings”

Member-exclusive virtual roundtable discussion on February 2, 2023 on multipurpose issue allocations in certain refundings.

Hudson Yards Rail Yards
  • Issue Briefs

Create a Direct Pay Bond Program

Equip our Communities with a New Financing Tool

Port of Seattle, Washington. Source: Wikimedia Commons
  • Issue Briefs

Expand Private Activity Bonds (PABs)

Expand Financing Options for Innovative and Critical Projects

Committee Leadership


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

  • Reports and Resources
  • In Progress

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.

  • Reports and Resources
  • Seeking Volunteers

Post-Issuance Compliance Checklist Update

Update to the 2016 checklist resource jointly produced by GFOA/NABL. The checklist will make updates to the existing checklist to reflect recent changes in market practice and tax law.

Featured Resources

Biden at signing of Inflation Reduction Act (IRA). Source: CSPAN
  • Issue Briefs

Inflation Reduction Act

Large domestic policy package offering more than $400 billion in new federal investment and $300 billion in deficit reduction.

Construction of the new east span of the Bay Bridge connecting Oakland and San Francisco, CA.
Construction of the new east span of the Bay Bridge connecting Oakland and San Francisco, CA.
  • Issue Briefs

Infrastructure Investment and Jobs Act (IIJA)

Bipartisan infrastructure bill passed in late 2021 that enacted two new types of exempt facility bonds.

The Internal Revenue Services (IRS) Building in Washington, D.C.
  • Issue Briefs

IRS Priority Guidance

View NABL request submissions for each year.