Twelve organizations representing the nonprofit bond community submitted comments to a House Ways and Means Committee tax reform working group, urging it to protect tax-exempt bond financing.

"One of the many ways in which the federal government invests in human capital and innovation in the U.S. is by granting tax-exempt status to hospitals, health clinics, colleges, universities, drug and alcohol treatment centers, and other charitable institutions whose health, public service, education and research missions provide a wide-range of societal benefits," the groups wrote.

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