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PABs represented 25.4% of all tax-exempt bonds issued in 2017, up from 21.5% in 2016.
June 8 -
The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.
March 12 -
Bank holdings in municipal securities continue to decline, as retail investors and mutual funds increase their holdings.
September 20 -
The evolution of muni advocacy has been in progression for years, though it was further galvanized by the shock and dismay at the 2017 tax reform.
August 13 -
The Chicago-based firm adds to the dealer group's voice as it pushes for muni policy measures that have been stalled for years.
July 10 -
Lawmakers are plowing through a pile of trailer bills, including two tax increases, that must pass to avoid blowing a hole in their $214.8 billion budget.
June 20 -
“State, local governments and their constituents need Congressional help," BDA said in new testimony.
April 8 -
Municipal bond issuance jumped 29.2% in February, and may climb further as the initial effects of the 2017 tax act fade.
February 28 -
The cap, repeal of which is a priority for state and local groups, will affect nearly 11 million taxpayers, an audit found.
February 27 -
Note issuance declined in 2018 as a result of tax reform, rate fears, and ongoing fiscal austerity sparked by state and local revenue growth.
February 25