Tax Reform: What it means for Main Street, Wall Street, and K Street

On Thursday, September 21st, the MBFA held a webinar featuring experts who discussed the prospects for tax reform, the potential changes to the municipal bond market, and how these changes could impact K Street, Wall Street and Main Street. A recording of this webinar is available under the events tab.

MBFA Chair Contributes Op-Ed in The Hill

On Thursday, September 14th, Steve Benjamin, Mayor of Columbia, S.C., and Chair of the Municipal Bonds for America (MBFA) Coalition, contributed an op-ed in The Hill. The article focuses on how those faced with the devastation left behind by Hurricanes Harvey and Irma can look to the traditional bond market to rebuild stronger, smarter and more resilient communities.

MBFA Submits Comment Letter on the Proposed IRS Political Subdivision Rule

The MBFA recently submitted a comment letter on the IRS' proposed political subdivision rule, which is currently being reviewed per the requirements of Executive Order 13789. The letter urges Treasury to rewrite or repropose the rule as it will add undue complexity and confusion to Federal Tax law for purposes of tax-exempt municipal bonds.

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