Please review the MSRB announcement here regarding bank loans and consider how our sector should respond. Contact Chuck with thoughts and suggestions. The topic will be discussed at the Spring 2016 Conference in Scottsdale, AZ
|
NAHEFFA and a number of authorities signed the letter (here in the final draft) to Congress which garnered the below story. It’s good we had our presence registered in this effort.
Hundreds of Local Officials Defend Municipal-Bond Tax Exemption By Andrew Ackerman March 1, 2016 6:00 a.m. ET WASHINGTON—The prospects for a tax overhaul this year are nil, yet hundreds of state treasurers, mayors and other officials are mobilizing to protect a cornerstone of the $3.9 trillion market for municipal debt: the tax breaks the bonds offer investors. Some 600 state and local officials are calling on Congress to stay away from taxing the interest paid to municipal-bond investors, warning the municipal market is a vital mechanism for financing schools, roads, transit systems and other infrastructure projects that create jobs. They fear Congress may try to do just that in 2017. |
AuthorCharles A. Samuels Archives
December 2019
Categories |
RSS Feed