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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 release can be found here. Highlights from the bill, include: The bill consolidates personal rates, maintaining the…
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Tax Reform: What it means for Main Street, Wall Street, and K Street

Webinar Details What: A webinar presentation on the political and economic dynamics of tax reform and infrastructure and how prospective changes could impact municipal bond markets A recording of the September 21st webinar can be viewed by clicking the button below: As tax reform discussions persist in Washington with little to no detail, Congress and…
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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 Hurricanes Harvey and Irma can look to the traditional bond market to rebuild stronger, smarter…
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MBFA Submits Comment Letter on the Proposed IRS Political Subdivision Rule

On August 7th, the MBFA submitted a comment letter on the IRS’ proposed political subdivision rule, which is currently being reviewed per the requirements of Executive Order 13789 that requires the Secretary of the Treasury to review temporary, proposed, or final IRS regulations issued between January 1, 2016, and April 21, 2017 — the date…
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MBFA Submits Comment Letter to SFC Chair Hatch on Tax Reform

On Monday, July 17th, the MBFA Coalition submitted its comment letter and policy recommendations in response to Senate Finance Chairman Orrin Hatch’s (R-UT) request for expert and stakeholder input on tax reform. The MBFA’s letter was endorsed by local Utah leaders including Mayor Ben McAdams (Salt Lake County) and Amy Rowland (Utah Director – National Development Council).

Muni Bonds 201

View this event’s recap here. An Educational, Breakfast Seminar on Tax-Exempt Municipal Bonds Bonds are the Original Public Private Partnership (P3): A Deeper Dive into Federal Policy Issues The day-to-day impact of the municipal tax-exemption The economic efficiency of municipal bond financing The role of qualified private activity bonds (PABs) in infrastructure, housing, health and…
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385 Organizations Sign Letter to Save the Muni-Exemption

On February 21, 2017, the Municipal Bonds for America (MBFA) Coalition sent a new letter to the House and Senate Leaders, including House Ways and Means and Senate Finance Committee leaders, urging them to retain the current law status on municipal bonds as a part of their ongoing debate on comprehensive tax reform. The letter is…
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MBFA Submits Letter to House Leadership: Defends Muni Tax Exemption in Response to “Blueprint”

The MBFA Coalition submitted a letter to House Speaker Paul Ryan (R-WI) and Rep. Kevin Brady (R-TX), Chairman of the House Ways & Means Committee in response to the release of the “Blueprint” on tax reform to maintain the tax exemption for municipal bonds. You can view a copy of the letter here.

Featured in The Hill – Tax-exempt municipal bonds: A critical tool to repair America’s infrastructure

Tax-exempt municipal bonds are an indispensible tool for overcoming our nation’s infrastructure challenges. These bonds have financed more than three-quarters of U.S. infrastructure projects in the 21st century.

MBFA Hosts Muni Bonds 101 Seminar

MBFA Hosts 2016 Muni Bonds 101 Seminar Taking the Lead to Defend Municipal Bonds Record Crowds Attend House and Senate Muni Bond 101 Seminars On Thursday, June 2, 2016, the MBFA Coalition held a “Municipal Bonds 101” seminar on Capitol Hill for congressional staff and interested parties focusing on the importance of preserving the present-law treatment of tax-exempt…
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MBFA Submits Tax Reform Recommendations to Senate Finance Committee

The Municipal Bonds for America (MBFA) Coalition sent a letter to the Senate Finance Committee’s tax reform working groups on Community Development and Infrastructure and Individual Income Tax in response to the Committee’s request for public input on tax reform.

MBFA Sends Letter to Senate Finance Committee Tax Reform Working Group

The Municipal Bonds for America (MBFA) Coalition sent a letter to Senators Dean Heller (R-NV) and Michael Bennet (D-CO), the co-chairs of the Senate Finance Committee Community Development & Infrastructure tax reform working group. The working groups are in the process of gathering information to make recommendations on their group’s topic regarding tax reform to…
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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 the importance of expanding tax-exempt financing opportunities for state and local governments in order to…
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MBFA to Hold Muni Bonds 101 Seminar on Capitol Hill

Muni Bonds 101, Wednesday, July 2nd from 2-3pm in 2103 Rayburn.

MBFA’s Reaction to Administration Budget Proposal Impact on Municipal Bonds

WASHINGTON – March 4, 2014 – The Municipal Bonds for America Coalition (MBFA) is disappointed in the proposal within the Administration budget that, as in prior budgets, caps tax exempt interest on municipal bonds at 28%.  Steve Benjamin, Mayor of Columbia, South Carolina and Chair of the Coalition’s executive committee, said, “It is disappointing that…
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Municipal Bonds for America Coalition Reaction to Camp Tax Reform Draft Impact on Municipal Bonds

The (MBFA) is disappointed in the proposals within Ways and Means Committee
Chairman Dave Camp’s (ROMI) tax reform draft that apply a new 10% surtax on
municipal bonds and eliminate private activity bonds and advance refundings of

The MBFA Executive Committee writes letter urging U.S. Senators to include federal tax exemption for municipal bonds in approach to tax reform.

MBFA Executive Committee urges U.S. Senators to include federal tax exemption for municipal bonds.

138 Members of Congress Send Letter to House Leadership Opposing Limitation on Muni Bonds

MBFA sends letter to House Leadership opposing any limitation of the tax exemption on Municipal Bonds.

US Metro Economies: Job Impact of Proposals to Limit the Municipal Bond Market

The National League of Cities and U.S. Conference of Mayors published a report detailing the job impacts that limiting the municipal bond market would bring. To download full report, click here.