TBMA Submits Comments to Bush's Tax Panel

Newman, Emily
March 2005
Bond Buyer;3/22/2005, Vol. 351 Issue 32095, p5
Trade Publication
Reports on the proposal of the Bond Market Association (TBMA) for the advisory tax panel of U.S. President George W. Bush to make all tax-exempt bond interest excludable from the alternative minimum tax (AMT), relax curbs on private-activity bonds and eliminate rules governing the interest deduction on borrowing. Claim of TBMA that the proposed chages would promote long-run economic growth and strengthen the competitiveness of the country in the global marketplace; Need for bonds to be free form the AMT threat; Call for the panel to consider easing some of the restrictions on the private use of federally tax-exempt borrowing.


Related Articles

  • TBMA urges indexing to reduce AMT impact. Resnick, Amy B. // Bond Buyer;03/18/98, Vol. 323 Issue 30353, p5 

    Discloses that the Bond Market Association is calling on the US House Ways and Means Committee to index the alternative minimum tax (AMT) threshold for inflation. Impact of proposed change; Request by association to consider ending the AMT for private activity bonds.

  • TBMA: Moderate Growth, No Rate Cuts, Mild Inflation in '03. Newman, Emily // Bond Buyer;12/10/2002, Vol. 342 Issue 31529, p4 

    Reports that in the U.S., The Bond Market Association's Economic Advisory Committee has predicted modest growth for the year 2003, combined with moderate inflation and higher interest rates in its year-end forecast. Expected fluctuations in the Federal Funds rates during 2003; Importance of...

  • TBMA urges house to support land preservation. Meisler, Daniel // Bond Buyer;05/26/99, Vol. 328 Issue 30649, p7 

    Reports on the Bond Market Association's issuance of letters to members of the United States House of Representatives requesting their support for a legislation that would allow nonprofits to sell tax-exempt revenue bonds for land preservation purposes. Eligibility of nonprofits for financing...

  • Short-Term Tax-Exempt Yields.  // Bond Buyer;2/15/2002, Vol. 339 Issue 31326, p39 

    Presents short term tax-exempt yields for the U.S. as of February 15, 2002. Value of variable-rate demand in daily general market; Estimation of Lehman Brothers Money Market Municipal Index; Municipal swap index for The Bond Market Association.

  • TBMA Urges Congress to Grandfather Existing Tax-Exempt Public Power Debt. Kinnander, Ola // Bond Buyer;7/2/2001, Vol. 337 Issue 31172, p6 

    Reports that the Bond Market Association has called for the United States Congress to support legislative bills that would grandfather all existing tax-exempt bonds for public power utilities. Key provisions of the bills; Sale of tax-exempt bonds by generating utilities under the legislation.

  • Public Finance Network Protests Circular 230 Changes. Newman, Emily // Bond Buyer;3/9/2005, Vol. 351 Issue 32086, p4 

    Reports on the impact of the proposed changes of the U.S. Treasury Department to Circular 230 on the bond market according to the Public Finance Network. Concern of the network that the proposal would address a very small number of possible abuses that exists within the tax-exempt bond sector;...

  • MSRB: Ban Consultants For Dealers. Hume, Lynn // Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p1 

    Reports on the announcement of the U.S. Municipal Securities Rulemaking Board officials that they will ask the Securities and Exchange Commission to ban dealers from using independent municipal securities consultants to solicit municipal securities business on their behalf. Threat posed by...

  • TBMA Formally Launches Auction-Rate Securities Indexes. Hume, Lynn // Bond Buyer;10/12/2005, Vol. 354 Issue 32236, p5 

    Reports that the Bond Market Association has launched eight specific indexes covering different kinds of auction-rate securities to give issuers and investors benchmarks to determine whether they are getting fair rates on securities sold through the auction process in the U.S. Percentage of the...

  • TBMA Looks to Defeat Eight Joint Tax Committee Proposals. Vadum, Matthew // Bond Buyer;3/9/2005, Vol. 351 Issue 32086, p5 

    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)...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics