Bond Buyer: Tax Committee Members, Experts Question Tax Exemption for PABs
Mayor Steve Benjamin's statement to the Ways and Means Committee on behalf of MBFA is highlighted in this article. House Ways and Means Committee members on both sides of the aisle and experts agreed...
View ArticleBond Buyer: Senators Urge Obama Not to Touch Muni Bonds
Fourteen Democrats in the Senate are strongly urging President Obama not to cap or eliminate tax exemption for municipal bonds, warding it would have a negative impact on both federal and local budgets...
View ArticleNLC: Limit on Tax-Exemption Would Mean Fewer Local Projects
The number and scope of investment projects will decrease for state and local governments if a federal limit is placed on tax-exemption for municipal bonds, the National League of Cities warned in a...
View ArticleWSJ: Plan to Cap Tax Breaks Is Gaining Steam
Although we can't know the exact details of what will be include in the President's Budget at this time, many believe it will not change in a significant way from what has been proposed in the past....
View ArticleMBFA’s Reaction to President Obama’s FY 2014 Budget Plan
The MBFA is disappointed with the proposed FY 2014 budget plan that limits the value of interest earned on municipal bonds to 28 percent. Read more here.
View ArticleBond Buyer Commentary: DuPage County, Ill., Shows the Power of Tax-Exemption
DuPage County, Ill., has a rich history of financial stability that has helped us stay afloat during these turbulent economic times. We've cut the budget by more than $13 million over the past two...
View ArticleBarron’s: Munis Chafe At Obama Budget’s Taxation, Tobacco Proposals
Parts of the muni market aren’t too happy with parts of President Obama’s budget proposal that call for reducing the tax exemption on muni-bond interest and raising taxes on cigarette sales. Continue...
View ArticleThe Street – Obama’s Muni-market Tinkering Could Ding Everyone
The municipal bond market was dealt a harsh blow. On Wednesday, President Obama released his fiscal 2014 budget proposal. It had about $800 billion in new taxes over the next 10 years, says TheStreet's...
View ArticleThe Bond Buyer: Obama’s Budget Again Includes 28% Cap, Buffett Rule
President Obama's fiscal year 2014 budget again proposed a 28% cap on municipal bond interest and other tax expenditures for the top 2% of families, despite strong efforts by muni market participants...
View ArticleThe Bond Buyer: NAST Tells Congress: Don’t Tax Municipal Bonds
Forty-two state treasurers urged tax writing members of Congress to maintain the tax-exempt status of municipal bonds. Continue reading →
View ArticleBond Buyer Commentary: Bonding the Nation Back Together
In the last week, even as the bells began their mournful knell on Patriot's Day in Boston and just before a scene of absolute devastation ripped apart the community of West, Texas, Rep. Devin Nunes,...
View ArticleReuters: Limits on U.S. municipal bond exemption would hurt economy -mayors
Reuters published an article today regarding the study released by the U.S. Conference of Mayors that finds limiting the tax exemption for the interest paid by U.S. municipal bonds would not only make...
View ArticleMunicipal Bonds for America Coalition Reaction to Camp Tax Reform Draft...
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...
View ArticleMBFA’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...
View ArticleMBFA 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...
View ArticleMBFA 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 &...
View ArticleMBFA 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...
View ArticleFeatured in The Hill – Tax-exempt municipal bonds: A critical tool to repair...
Tax-exempt municipal bonds: A critical tool to repair America’s infrastructure By James McIntire and Ken Miller President Obama’s Fiscal Year 2017 budget proposal to limit the tax exemption for...
View ArticleRep. Randy Hultgren (R-IL) Testifies in Support of Municipal Bonds
On May 12, Rep. Randy Hultgren (R-IL) testified in support of municipal bonds before the House Ways and Means Tax Policy Subcommittee Hearing on Tax Reform. You can view a copy of his statement here....
View ArticleThe Bond Buyer: Obama’s Budget Again Includes 28% Cap, Buffett Rule
President Obama's fiscal year 2014 budget again proposed a 28% cap on municipal bond interest and other tax expenditures for the top 2% of families, despite strong efforts by muni market participants...
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