National Coalition Launched To Protect Tax Exempt Municipal Bond Financing

Today, a coalition of municipal market professionals representing dealers, issuers and local dealers announced the launch of Municipal Bonds for America, a national coalition committed to protect the tax exempt status of municipal bonds.

Municipal Bonds for America will provide a unified advocacy voice to promote and defend the municipal bond market.  The coalition will serve as a single source of information for policy makers and the media regarding municipal finance and the benefits to taxpayers, investors, and state and local governments.

Municipal Bonds for America is committed to preserving the federal tax exempt status for municipal bonds that has been in place for nearly a century and will work with city, county and state leaders from all 50 states to make certain critical public projects, including schools, hospitals and roads, continue to have access to reasonably priced funding.

Click here for the Press Release announcing Municipal Bonds for America.

Click here for a mission and purpose.

Click here for a list of the Executive Committee members.

Click here for a list of Supporting Organizations.

Click here for a Bond Buyer article, including BDA comments, describing the Congressional Joint Tax Committee’s recent experiment to see how much marginal tax rates could be reduced if certain major tax expenditures, including tax exemption, were eliminated.

Click here for an article in the Cincinnati Enquirer entitled “Tax Exempt Finance Essential to Recovery”.

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