As Congress begins deliberating a potential “stimulus 4“ legislative package, the BDAtoday submitted comments to both House and Senate leadership, calling for support of state and local governments through direct funding, and pressed for support of the municipal market by enacting:
- The reinstatement of advance refundings;
- Raising the BQ debt limit; and
- A direct pay bond program exempt from sequestration.
The letter can be viewed here.
The BDA expects a House package to be announced in the coming days, and will continue to provide updates as they become available.