Funding and Financing Infrastructure

ICMA, financial, and local government associations stress the importance of tax-exempt bonds and other tools to meet infrastructure needs.

By Elizabeth Kellar | Feb 17, 2020 | ARTICLE

The Public Finance Network submitted a letter to the House Ways and Means Committee that emphasizes the importance of expanding the federal partnership to help meet the capital needs of the nation's communities, including:

  • Relying on the municipal bond tax exemption.
  • Restoring the ability of governments and qualified entities to advance refund tax-exempt municipal bonds.
  • Restoring and expanding Build America Bonds and protecting them from sequestration.
  • Increasing the bank-qualified borrowing limit for small issuers from $10 million to $30 million.
  • Maintaining popular grant programs that support capital investment.

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