As Congress considers tax reform and infrastructure financing, many municipal officials and federal lawmakers are concerned about maintaining the tax-exempt status of municipal bonds.
Because of this concern, ACPA endorsed a letter sent to Congressional leaders expressing strong support for maintaining the tax-exempt status of municipal bonds. The letter points out that in 2016 alone, more than $445 billion in municipal bonds were issued to finance a wide range of community projects, including roads and airports.
The letter was signed by more than 50 associations and other organizations. Click here to see the letter.