DC Update: Sweeping Muni Legislation Introduced in House

Last night,  Rep. Terri Sewell (D-AL) introduced the “Local  Infrastructure Financing Tools (LIFT) Act“ with support of the BDA, MBFA and the Public Finance Network.The legislation is a sweeping muni focused package that would restore tax-exempt advance refundings, raise the bank qualified limit, and create a new taxable direct pay infrastructure bond. The press release featuring a…
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