Last week, the Municipal Bonds for America (MBFA) Coalition increased its advocacy efforts for the support of municipal finance and the tax exemption on Capitol Hill. In addition to its annual educational seminar for Hill staff, the coalition also held discussions with staff at the National Economic Council (NEC), and hosted a fundraiser for Representative Richard Neal of Massachusetts.
Mayor Benjamin recently sat down with the Bond Buyer to discuss the importance of advance refundings for municipal bond issuers, his agenda as president of the U.S. Conference of Mayors, and the work of the MBFA coalition. The podcast can be found here.
To kick off Infrastructure Week 2018, Mayor Benjamin submitted commentary to the Bond Buyer on why advance refundings are important to local government infrastructure investment and community control.
MUNICIPAL BONDS FOR AMERICA is a non-partisan coalition of municipal bond issuers and State and local government officials along with other municipal market professionals working together to explain the benefits of the tax-exempt municipal bond market which provides the financing needed to build vital infrastructure throughout the United States.
This is not dessert, this is bread and butter…investment in our cities is non-negotiable.
Stephen Benjamin, MBFA Chairman