Tax-Exempt Bond Legislative Update

New Senate Tax Bill Eliminates Advance Refundings Contains Differences From House Tax Bill The Tax Bill proposed by the Senate Finance Committee yesterday differs substantially from the bill introduced last week in the House. The Senate Tax Bill retains the ability to…

New Tax Bill Would Dramatically Curtail Tax-Exempt Financing

The Tax Bill introduced yesterday in the U.S. House would drastically curtail tax-exempt financing used by States and municipalities and eliminate all tax-exempt financing for charitable 501(c)(3) organizations beginning next year. It also severely restricts the…

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