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Experts are uncertain how significant the decline in multifamily housing bond issuance in 2018 might be.

Many of the 41 states with their own income taxes will have to decide whether to enact laws conforming to the new federal tax code.

A bipartisan group of House lawmakers have issued a report calling for the state volume caps to be removed for private activity bonds used to help finance infrastructure projects.

While the latest principles for President Trump's infrastructure plan may not be released until February, several Democrats have introduced bills for competitive grant programs for infrastructure projects.

PFM Financial Advisors' Mary Francoeur is the 2018 chair of the National Federation of Municipal Analysts.

After Congress almost did away with them in the recently enacted tax legislation, tax-exempt private activity bond volume caps for states will see an increase for 2018.

Barbara Thompson stepped down at the end of 2017 after 16 years as executive director.

A tale of two bond-financed fertilizer projects in the Midwest -- how one is thriving with the IRS' blessing on the bonds and the other is at a virtual standstill and in a dispute with the tax regulator.

The decision impacts $1.26 billion of economic development revenue and refunding bonds issued by the company, which said it is considering its response to the IRS.

The property taxes securing Sonoma County, Calif. bonds are estimated to fall short because of the October wildfires.

Former U.S. Transportation Secretary Ray LaHood an 116 groups call for a bipartisan, multi-level governmental approach to infrastructure that includes municipal bonds.

Some municipal market participants believe Sen. Mike Crapo would be a good replacement for Sen. Orrin Hatch as chairman of the Senate Finance Committee.

The Board said "filtering" bids and offers can hurt retail investors, liquidity, and market efficiency.

What do municipal market participants see for tax legislation in 2018?

Congress is expected to renew expired tax breaks for Puerto Rico and qualified zone academy bonds as well as enact corrections for the new tax reform law.

IRS muni regulatory priorities for 2018 include rules on bond reissuance and final rules on notice and approval of private activity bond-financed projects under TEFRA.

Municipal bond market experts want clarification from the IRS on a few regulations and expect the agency to move ahead with its new data driven audit process.

The new temporary spending bill includes Medicaid funding for Puerto Rico.

President Trump's long-awaited infrastructure plan is due out in January, but some muni market participants worry any legislation seeking federal funding might cut PABs for revenue.

If Trump signs the tax bill this year without a waiver from the PAYGO Act, it would trigger a $136 billion cut in mandatory federal programs, wiping out federal subsidies for Build America Bonds and other direct-pay bonds.