ANCHORAGE — Threats to eliminate or curtail tax-exemption is a top concern for state treasurers and they plan to closely monitor proposals as a new Congress and White House are elected in the coming months.

In an interview with The Bond Buyer at their annual conference here, National Association of State Treasurers president Nevada Treasurer Kate Marshall said that if municipal bonds are taxed, the cost of infrastructure financing will skyrocket at a time when the country is in dire need of upgrades to roads, bridges, schools and sewer systems.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.