• Issue Briefs

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.

100 US Dollar Bills. Source: Jericho via Wikimedia Commons.
100 US Dollar Bills. Source: Jericho via Wikimedia Commons.
  • Issue Briefs

Federal Appropriations Process

A quick primer to help bond lawyers better understand the federal appropriations process and its connection to municipal bond offerings.

Market graphic imposed on US Treasury Building in Washington, D.C.
Market graphic imposed on US Treasury Building in Washington, D.C.
  • Issue Briefs

Understanding the Debt Ceiling

What are the debt ceiling and federal downgrades, and what do they mean for municipal bonds.

Magnifying glasses passing over icons of landmark buildings.
  • Issue Briefs

Tower Amendment

An essential check on federal overreach into state and local sovereignty.

Photo Of Wind Turbines Under Cloudy Sky. Source: Harry Cunningham
  • Issue Briefs

ESG

Environmental, Social, and Governance Factors

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

Market tickertape. Source: Ahmad Ardity.
  • Issue Briefs

Restore Advance Refundings

Allow our Communities to Once again Refinance

Town of Galena, Illinois Source: Jasperdo via Flickr
  • Issue Briefs

Updating the Small Borrower Exemption

Modernize Financing Options Available to Our Smallest Communities

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

IRS Priority Guidance

View NABL request submissions for each year.

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.