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The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.
November 9 -
Blow-back from the sell-side centered on the proposal's potential to drive up infrastructure financing costs and accelerate the departure of smaller firms from the business.
November 9 -
Mayor Bill de Blasio's advisors worry about the effect of eliminating advance refundings and private activity bonds.
November 9 -
Tax-exempt student loan bonds have saved families $815M over the last 20 years.
November 8 -
Senate Finance Commitee chairman Orrin Hatch's tax proposal will likely be kinder to municipal bonds than the House's bill, but harder on states and localities.
November 8 -
Some House Republicans pledged to work with Democrats to save PABs, advance refundings in tax reform legislation.
November 8 -
Smaller hospitals and colleges and affordable-housing developers will be more challenged in distributing their bonds under proposed tax reforms.
November 8John Hallacy Consulting LLC -
Kansas City voters advanced a proposed P3 to rebuild the city's airport terminal.
November 8 -
To work well, public policy in a democracy must be transparent and allow time for debate, input and analysis. The given time frame on the House GOP tax bill, which will have broad ramifications for infrastructure development, healthcare and higher education costs and affordable housing, provides little opportunity for a democratic process of debate and compromise to take place.
November 8Consultant -
In a document rife with broken promises and misstatements about the muni market, the “Tax Reform” proposal beats up on the municipal bond market and state and local bond issuers to an extent never envisioned prior to the publication of that proposal.
November 8Court Street Group Research