Author: MBFA

As Congress steps away from Washington for a two-week recess, President Biden continues to travel the country touting his Administrations Build Back Better plan,  which includes a robust 2+ trillion-dollar infrastructure component. Following a late-week stop at a Philadelphia Amtrack station, the Biden Administration reiterated their current stance of working to strike a deal with…
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The Municipal Bonds for America council is planning a “virtual fly-in” for Steering Committee members starting this Friday. As infrastructure continues to move on Capitol Hill, members will have the opportunity to discuss these key muni priorities with DC decision-makers in the House, Senate, and in the Administration: Restoration of tax-exempt advance refundings; Expansion of…
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This afternoon, Senators Roger Wicker (R-MS) and Michael Bennet (D-CO) are expected to reintroduce the American Infrastructure Bonds Act,   a bill that would create a new direct pay taxable bond in the mold on the Build America Bond but exempt from sequestration. Similar legislation was introduced in the House last week, the Lift Act,…
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Following the release of the LIFT Act municipal bond financing package and the continued momentum towards a robust infrastructure bill, this morning Politico Pro produced a spotlight piece on bonds, specifically a BABs revival which remains a priority for the MBFA and BDA The article can be viewed here. The Politico piece tracks closely to recent…
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Later today, President Biden is expected to host a bipartisan and bicameral group of lawmakers to discuss infrastructure and the potential for legislation this year, the second meeting of this kind in April. Of note for today’s meeting is that all lawmakers invited were former Mayors or Governors, a sign that the Biden Administration is…
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The New Normal Requires Enhanced Municipal Finance Tools by: Chris Hamel To read this commentary, in today’s Bond Buyer click here. Chris Hamel is an Advisory Board member of the Municipal Bonds for America council and a Senior Fellow with Municipal Market Analytics, Inc.