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BDA Call to Action: Thank you for Preserving Private Activity Bonds

The BDA’s “boots on the ground” lobbying and member grassroots effort along with significant coordination of the MBFA coalition and other State and local groups proved to be vital in the protection of private-activity bonds (PABs) during the tax reform debate.

Thank you for contacting your Members of Congress on this issue!

Congress is expected to vote on and approve the Tax Cuts and Jobs Act this week: the House is expected to hold votes as early as tomorrow and the Senate could follow as soon as the same day.

Members and their staff need to hear from you today, thanking them for their support of such important provisions.

It is also vital that your issuer clients reach out to their Members of Congress. Their voice is needed as this debate progresses.
Talking points can be found below:

  • I am pleased to learn that the tax bill would continue to protect the tax exemption for private activity bonds (PABs). THANK YOU!
  • PABs are a valuable tool for financing crucial public needs, including infrastructure projects and other community priorities.
  • As proven by numerous projects across the country, the private sector working with the public sector often can address these needs more effectively, and at less tax-payer expense.
  • If you can, please provide an example of a PAB project in the Members district.
  • As the tax bill is signed into law, I urge you to continue to support and preserve critical and time-tested financing tools, like PABs, that support our nation’s infrastructure investments and promote economic and job growth in our community.

All Members of Congress are important in this effort, however leadership is particularly important.

Senate Leadership/Key Members:

House Leadership/Key Members:

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