Tax laws

While hope remains for certain muni priorities in 2023, others look highly unlikely to gain traction in an ideologically-split Congress.

The clock is ticking on Congress waiving PAYGO for Build America Bonds, a budget bear trap that could delay promised subsidy payments totaling $14 billion to issuers.

In the letter addressed to House congressional leaders, members urged leadership to expand the affordable housing credit and lower the PAB requirement.

Vern Buchanan looks poised to succeed Richard Neal as chairman of the powerful Ways and Means Committee should Republicans take the House on Nov. 8 and could offer the muni agenda a fresh start.

Luisella "Sella" Perri has wide experience in the public finance arena, with a focus on federal tax laws and regulations related to tax-exempt financings.

Partisan politics is playing a larger role in public finance, flaring up into bickering more often than in the past.

Joseph "Jodie" Smith takes the reins at the influential bond lawyer organization.

Vern Buchanan appears to lead the way, but recent moves by Jason Smith to appeal to more GOP leaders make the race for chair of the Ways and Means Committee a tight one.

Sunita Lough won admiration from the public finance legal community.

Issuers praised the bill's climate provisions while muni market participants said it's unlikely to significantly hurt demand for tax-exempt paper.

Sens. Manchin and Schumer's long-elusive deal on a energy, climate and tax bill includes no muni-friendly items or SALT reform.

Public finance attorney and NABL board member Johnny Hutchinson has left Squire Patton Boggs to join Nixon Peabody as a partner.

The court's decision leaves issuers back to looking for a legislative solution.

The Internal Revenue Service will permanently allow TEFRA hearings to be held remotely.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.

Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

Facing loss of their tax-exemption under 2017 tax legislation, rural electric and utility cooperatives lobbied for language in the new federal spending bill.

Four states in the eastern U.S. lost a legal challenge to a provision of the 2017 law that limited write-offs for state and local taxe

Gov. Ned Lamont and Connecticut lawmakers are studying a proposal to essentially exchange much of the state’s income tax for a payroll tax.

National Association of Bond Lawyers President Dee Wisor and President-elect Rich Moore discuss infrastructure, regulation, tax law and the group's educational efforts. Kyle Glazier hosts.