Municipal Bonds

Tax-Exempt Municipal Bonds

NATaT supports maintaining and preserving tax-exempt municipal bonds.  Tax-exempt municipal bonds are how our towns and townships – and other local governments across the country – can fund critical infrastructure projects in our communities.

Advance Refunding Bonds

While Members of Congress preserved tax-exempt municipal bonds in 2017’s Tax Cut and Jobs Act, they eliminated a tool that towns and townships use in conjunction with municipal bonds to save money for our constituents. Advanced refunding bonds enable local governments to refinance bond issues and take advantage of more favorable interest rates. This saves our constituents money because it reduces the long-term costs of infrastructure projects like roads, bridges and fire stations, and allows us to pour those savings back into our communities.

Municipal Finance Caucus

NATaT supports the efforts of the House Municipal Finance Caucus as a forum to discuss the opportunities and challenges for states and local governments to independently fund initiatives that strengthen their communities, and to advocate for bipartisan policies that enhance their access to the capital markets.