Making the Case for the High Efficiency of the Tax Exemption — It's in the Numbers
As tax reform takes shape, a key challenge for the municipal market in maintaining full access to the tax exemption stems from a factually flawed methodology utilized by the Joint Committee on Taxation.
Bill Introduced to Support Renewable Energy on Public Lands
The Public Land Renewable Energy Development Act, introduced in the US House, would streamline the permitting process for wind, solar and geothermal development on public lands and establish a process for revenue sharing.
Mnuchin Says He'll Work to 'Enhance' PABs for Infrastructure Projects
President Trump's nominee for Treasury Secretary Steven Mnuchin told lawmakers in writing that he plans to "enhance" private activity bonds so that they can be used to encourage more private investment in infrastructure projects.
Rep. DeLauro Reintroduces National Infrastructure Development Bank Act
Rep. DeLauro has reintroduced the National Infrastructure Development Bank Act. The bill would create and fund a public bank to leverage public and private dollars to help rebuild infrastructure of national or regional significance.
Neal: Tax Reform Should Preserve Tax-Exemption, Reinstate BABs
Tax reform legislation should preserve the tax exemption for municipal bonds and reinstate Build America Bonds for infrastructure financing, Rep. Richard Neal, the top Democrat on the House Ways and Means Committee, told reporters Thursday.
Trio of Lawmakers to Seek Tax Reform Revenues for Infrastructure
A bipartisan trio of lawmakers intends to file a pair of House bills that would use revenues from international tax reform to fund infrastructure projects.
Munis Are Critical for Infrastructure, Groups Tell Lawmakers
State and local groups told members of Congress that tax-exempt bonds are the cornerstone of infrastructure financing, signed by representatives of the GFOA, the National Governors Association, USCM, the National Association of State Treasurers, and NACo and other groups.
Republicans Offer Bills to Abolish IRS, Require Balanced Federal Budgets
A flurry of Republican bills and resolutions were introduced during the opening week of the 115th Congress, several of which aim to abolish the Internal Revenue Service and require a balanced federal budget.
Congressional Assignments Relevant to Tax Reform Finalized
Six new lawmakers are joining the House Ways and Means Committee, while two are joining the Senate Finance Committee. Both committees will be faced with tax reform and revenue issues in the 115th Congress.