The MBFA Executive Committee has written all U.S. Senators urging them to ensure that the federal tax exemption for municipal bonds is included in any "blank slate" approach to tax reform.
Thanks to a push by MBFA members, a bipartisan group of 138 Members of Congress have written to House Leadership opposing any limitation of the tax exemption on Municipal Bonds.
This report jointly published by NLC and US Conference of Mayors details job impacts that limiting the municipal bond market would bring.
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.
As we work to renew economic growth in America, it is critical that cities and states have access to the capital they need to make our nation competitive.
Harry Black, Director of Finance at the City of Baltimore