Today, the Municipal Bonds for America Council (MBFA) submitted testimony following the House Ways and Means Subcommittee on Select Revenue Measures March 11th hearing titled, “Tax Tools to Help Local Governments.” The MBFA testimony can be viewed here. While the hearing covered a multitude of other tax issues, the majority of the discussion focused on municipal…
Category: MBFA
Ways and Means Holds Hearing on State and Local Tax Tools
MBFA to Submit Comments in Support of Muni Priorities The House Committee on Ways and Means today hosted a hearing titled, “Tax Tools to Help State and Local Governments.” The hearing featured witnesses from all levels of state and local government, representing a swath of the Public Finance Network (PFN) in which the BDA…
Muni Advocacy Commentary – in today’s Bond Buyer – by Chris Hamel, MBFA Advisory Board member
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.
BDA Announces Newly Formed MBFA Council
Today, the Bond Dealers of America launched the new Municipal Bonds for America (MBFA) Council: The press release can be viewed here Today’s story in the BondBuyer story can be viewed here We Are: Investors, Underwriters, Municipal Advisors, Insurers, Platforms, and Bond Counsel Advocating for the Municipal Bond Market and America’s Infrastructure Municipal Bonds for America is…
MBFA Executive Committee Submits Thank You Letter to Rep. Randy Hultgren
BDA CEO Mike Nicholas, along with other members of the Municipal Bonds for America (MBFA) Executive Committee, recently sent a “thank you” to Rep. Randy Hultgren (IL-14) for his dedication to preserving the tax-exempt status of municipal bonds and for his support in creating the Congressional Municipal Finance Caucus, which he co-chaired, during his time…
MBFA Increases Its Advocacy Efforts: Spearheads Two Capitol Hill Sessions on the Muni Bond Market and Hosts Fundraiser for Ranking Democrat on House Ways & Means Committee
Earlier this week, the BDA-led Municipal Bonds for America (MBFA) Coalition increased its advocacy efforts for the support of municipal finance and the tax exemption through multiple events on Capitol Hill over two days. Below is a recap of the events. Educational Seminar and Lobby Day On Monday, September 24th, the MBFA Coalition held two…
BDA & Court Street Group Research Release A Muni Bond Primer
The Municipal Bond Market: Building America’s Infrastructure The BDA and CSG are proud to release this primer on municipal bond finance as BDA represents our member firms as a thought leader on infrastructure, the utilization of and benefits from the municipal bond market. The Municipal Bond Market: Building America’s Infrastructure, is a collaborative work that gives novices…
MBFA Chair Sits for Bond Buyer Podcast: Can Advance Refundings Make a Comeback?
Mayor Benjamin recently sat down with the Bond Buyer to discuss the importance of advance refundings for municipal bond issuers, his agenda as president of the U.S. Conference of Mayors, and the work of the MBFA coalition. The podcast was released this morning and can be found here. Additionally, Mayor Benjamin introduced a resolution at…
MBFA Thank you Letter to Congressional Leaders for Preserving Muni Bonds in Tax Bill
Statement from MBFA Chair, Mayor Steve Benjamin, on the House tax bill
“I am deeply concerned that the House tax bill would eliminate private active bonds. If this proposal becomes law, it would severely impact state and local efforts to build affordable housing, promote home ownership, finance higher education, build critical infrastructure, and foster economic development. I am also alarmed that the bill would eliminate advance refundings of municipal…