MBFA Chair Sits for Bond Buyer Podcast

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. Continue reading

MBFA Chair Submits Commentary in the Bond Buyer

Why mayors are `completely baffled’ by loss of advance refunding The beginning of Infrastructure Week 2018 presents us with the perfect opportunity to highlight a major blow to community control and to local government infrastructure investment: the repeal of advance Continue reading

MBFA Letter to Senate Finance Chairman Hatch

The Municipal Bonds for America (MBFA) Coalition submitted a letter to Senate Finance Chairman Orrin Hatch (R-UT) and other members of the Senate Finance Committee to show its appreciation for protecting the underlying tax exempt status on municipal bonds, including Continue reading

House Releases Tax Reform Legislation

Today, the House Committee on Ways and Means released its much anticipated tax reform package – “The Tax Cuts and Jobs Act”. The legislation maintains the tax-exemption for municipal bonds, while slashing rates for both individuals and corporations.   The Continue reading

MBFA Chair Contributes Op-Ed in The Hill

Today, Steve Benjamin, Mayor of Columbia, S.C., and Chair of the Municipal Bonds for America (MBFA) Coalition, contributed an op-ed in The Hill, which can be read here. The article focuses on how those faced with the devastation left behind by Continue reading

MBFA Applauds President Obama’s Remarks on Bonds in SOTU

WASHINGTON, D.C. (January 20, 2015)—The Municipal Bonds for America Coalition (MBFA) welcomes President Obama’s remarks regarding infrastructure investment in his 2015 State of the Union address. We agree that improving infrastructure should be a bipartisan issue. The President’s remarks highlight Continue reading

Bond Buyer Commentary: Bonding the Nation Back Together

In the last week, even as the bells began their mournful knell on Patriot’s Day in Boston and just before a scene of absolute devastation ripped apart the community of West, Texas, Rep. Devin Nunes, R-Calif., and Messieurs Erskine Bowles and Alan Simpson separately proposed threats to state and local tax-exempt municipal bonds. Continue reading

The Street – Obama’s Muni-market Tinkering Could Ding Everyone

The municipal bond market was dealt a harsh blow. On Wednesday, President Obama released his fiscal 2014 budget proposal. It had about $800 billion in new taxes over the next 10 years, says TheStreet’s Joe Deaux. The plan also includes measures to place a 28% cap on the amount of interest bond investors can deduct from their taxable incomes. Continue reading