On December 22, 2017, the President signed the Tax Cuts and Jobs Act (the “Final Bill”) into law, bringing an end to the nearly two-month rollercoaster ride that had the public finance industry white-knuckled and a little...more
1/8/2018
/ 501(c)(3) ,
Alternative Minimum Tax ,
Bonds ,
Infrastructure ,
LIHTC ,
Municipal Bonds ,
Public Finance ,
State and Local Government ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds ,
Trump Administration
On November 9, 2017, the U.S. Senate Finance Committee released the Description of the Chairman’s Mark of the “Tax Cuts and Jobs Act” (the “Senate Finance Committee Mark”), which sets forth a summary of the proposed tax...more
11/13/2017
/ 501(c)(3) ,
Debt Restructuring ,
Infrastructure Financing ,
Municipal Bonds ,
Proposed Legislation ,
Refunds ,
Senate Finance Committee ,
State and Local Government ,
Tax Reform ,
Tax-Exempt Bonds ,
Ways and Means Committee
On November 2, 2017, the Committee on Ways and Means of the U.S. House of Representatives released its highly anticipated proposed tax reform legislation (the “Proposed Legislation”). The Proposed Legislation deals a severe...more
Coming as welcome news to those involved in the municipal bond market, Revenue Procedure 2016-44 provides helpful guidance for governmental issuers and 501(c)(3) borrowers entering into long-term contracts with private...more
8/24/2016
/ 501(c)(3) ,
Bonds ,
Borrowers ,
Contract Terms ,
Management Contracts ,
Municipal Bonds ,
Municipal Securities Issuers ,
Municipalities ,
Public Finance ,
Public Private Partnerships (P3s) ,
Revenue Procedures ,
Safe Harbors