Post Tagged with: "tax-exempt municipal bonds"

GOP tax plan preserves muni bond tax exemption, eliminates new PABs

GOP tax plan preserves muni bond tax exemption, eliminates new PABs

November 6, 2017 at 9:30 am 0 comments

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 issuances of private activity bonds (PABs).Read More

Coalition takes bond message to Washington

Coalition takes bond message to Washington

April 3, 2017 at 11:30 am 0 comments

In March, the Association of Metropolitan Water Agencies (AMWA) urged Congress to maintain tax-exempt municipal bond interest when lawmakers undertake a comprehensive tax reform bill, joining a letter sent to Capitol Hill organized by the U.S. Conference of Mayors’ “Don’t Mess With Our Bonds” coalition. The letter, which was signedRead More

Report details risk of eliminating tax-exempt municipal bonds

Report details risk of eliminating tax-exempt municipal bonds

February 13, 2017 at 1:34 pm 0 comments

According to a new estimate developed by the Association of Metropolitan Water Agencies (AMWA) and the National Association of Clean Water Agencies (NACWA), eliminating tax-exempt municipal bonds would increase water and wastewater infrastructure financing costs by $16 billion nationwide over a 30-year repayment period. The latest figures represent an updateRead More