Public Finance Alert: U.S. Supreme Court Hears Oral Arguments in Kentucky Municipal Bond Case


The U.S. Supreme Court this morning heard oral arguments in Kentucky v. Davis, the case challenging the prevailing practice of states in the municipal bond marketplace of exempting holders of bonds of in-state municipal bond issuers from state income tax on the bond interest while taxing holders of out-of-state bonds on such interest.

To read the full publication, please see this Mintz Levin Public Finance Alert.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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