In August, Senators Bob Menendez (D-N.J.) and Mike Crapo (R-Idaho) re-introduced bipartisan legislation, S.3358, the Sustainable Water Infrastructure Investment Act of 2018, which would modify the tax code to remove state volume caps on the issuances of government private activity bonds (PABs) used by water andRead More

Under a draft tax reform plan released by Republican leaders in the House of Representatives last week, interest earned on municipal bonds issued to fund public water and wastewater infrastructure would remain fully exempt from federal taxation. But the plan would also eliminate new issuancesRead More