Finance, investment and tax-related legislation

Smaller issuers like rural hospitals and charities are often blocked from issuing bank-qualified debt under current rules, which would change under a reconciliation bill provision.

Tax-exempt advance refundings emerge as the top priority for muni market participants as Congress debates reconciliation budget measure.

Congress approved a one-month extension of surface transportation programs, buying more time to continue negotiations over infrastructure and budget bills.

Mayors are urging Congress to preserve major housing support in the reconciliation bill.

The growing P3 sector would enjoy a boost across many markets, including rural broadband, under P3-friendly provisions in the bipartisan infrastructure bill.

Congress this week will take up bills closely watched by the muni market, including infrastructure, budget and debt ceiling measures.

Cities and representatives from the National Urban League said the infrastructure bill would be a huge boost for cities and underserved neighborhoods.

The country's digital divide and ailing water infrastructure would see boosts in bipartisan infrastructure bill up for House vote as soon as Monday.

Citi's muni strategy group had worried that a proposed 3% surcharge in the reconciliation bill would apply to tax-exempt interest, but now feels differently.

The House is expected to approve a stopgap funding measure that suspends the debt ceiling and marks one of several partisan showdowns ahead of the looming fiscal year-end.