Coronavirus Disease 2019 (COVID-19) disrupted nearly every aspect of life, including our financial markets. Throughout the pandemic, NABL served as a resource for bond lawyers and other public finance professionals looking for resources specific to our municipal markets.


  • Webinars
  • CLE Eligible

Remote Workplace Issues: Ethics and Security Risks

A “new normal” has changed the workspace landscape for all types of organizations. This includes large and small law firms who are cutting back on office space as more attorneys…

  • Webinars

Investor Considerations and Other Disclosure Trends [Institute 2021]

This panel discussed industry trends and best practices relating to risk disclosure and other considerations such as COVID impacts and response, cybersecurity, and climate change (why are these risks, drafting…

  • Webinars

Ethics – Municipal Finance & Working in the New Normal [Institute 2021]

This session discussed how the pandemic has changed the way we practice as public finance practitioners, from providing competent representation and maintaining client confidentiality in the world of remote working,…


Issuer Group Letter Requesting Permanent Telephonic TEFRA Hearings

Letter from issuer representative groups to the Internal Revenue Service (IRS) and U.S. Department of Treasury’s Office of Tax Policy (OTP) requesting that guidance allowing for TEFRA hearings to be held telephonically during the COVID-19 pandemic be made permanent.

Request for IRS Extension on Affordable Housing Test Relief

Request that the Internal Revenue Service (IRS) further extend and amplify temporarily COVID-19-related relief to bond issuers, operators, owners, and tenants of qualified residential rental projects and qualified low-income housing projects financed with exempt facility bonds, and state agencies that have jurisdiction over these projects, from otherwise-applicable federal tax law compliance requirements.

Requests for Additions to Rev. Proc. 2018-58 on Time-Sensitive Acts

Requests to broaden Section 16 of Rev. Proc. 2018-58, which provides a list of “time-sensitive acts” that are performed by certain persons in connection with tax compliance for tax-advantaged bonds. The IRS may, through additional guidance, suspend actions listed in Rev. Proc. 2018-58 in the case of a federally declared disaster or terroristic or military…

Second Suppl. Letter on PLR Fees (September 2020)

A follow-up request for a reduction of user fee charges to state and local governments for private letter rulings related to tax-advantaged bonds, particularly given the financial hardships to issuers resulting from the COVID-19 pandemic.

Comments on the FRB’s Municipal Liquidity Facility (MLF)

Comments on the Federal Reserve Bank’s (FRB’s) creation of the Municipal Liquidity Facility (MLF) as outlined on April 9, 2020 in its program announcement and term sheet, and requests further guidance regarding a number of provisions.

Letter to Treasury on COVID-19 Proposals

Letter to the U.S. Department of Treasury offering recommendations and draft guidance document to addresses certain tax issues that may affect the functioning of the tax-exempt bond markets during the COVID-19 outbreak.

Letter to Congress on COVID-19 Proposals

Letter to congressional leadership offering legislative recommendations to addresses certain tax issues that may affect the functioning of the tax-exempt bond markets during the COVID-19 outbreak.