TBMA Looks to Defeat Eight Joint Tax Committee Proposals

Vadum, Matthew
March 2005
Bond Buyer;3/9/2005, Vol. 351 Issue 32086, p5
Trade Publication
Reports on the efforts of the Bond Market Association to defeat the proposals of the U.S. Joint Tax Committee which constitute potential threats to the market for tax-exempt municipal bonds. Recommendation of the committee to eliminate advance refundings of tax-exempt governmental and 501(c)(3) bonds; Aim of the National Council of State Housing Agencies to press lawmakers to exempt housing bond interest and tax credits from being subject to the Alternative Minimum Tax; Effect of prospective relief on bonds issued after the enactment of any relief law.


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