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.
Resources for bond lawyers working with clients through the global pandemic.
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.
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…
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…
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,…
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.
Request that the Internal Revenue Service (IRS) further extend temporary COVID-19 related regulatory relief that allows issuers to hold Tax Equity and Fiscal Responsibility Act (TEFRA) public approval hearings telephonically.
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…
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2021-2022 Priority Guidance Plan.
Letter congratulating President Joe Biden (D) on his election and outlining shared infrastructure priorities.
Request that the time-limited COVID-19 regulatory relief pertaining to certain housing bonds set forth in Internal Revenue Service (IRS) Notice 2020-53 be extended through December 31, 2022.
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.
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2020-2021 Priority Guidance Plan.
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 addressed to congressional leadership recommending various legislative and regulatory actions to provide economic stimulus and fiscal relief to the issuers of municipal bonds as a result of the economic impact of the COVID-19 pandemic.
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 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.