Public Finance Network Opposes Bond Provisions in H.R. 1
Section: Washington Update

The Public Finance Network, of which NASACT is a member, recently sent a letter to House Ways and Means Committee Chairman Kevin Brady (R-TX) to express opposition to provisions in H.R. 1 that eliminate financing tools used to provide critical investments in infrastructure and save taxpayer money.

The group urged the committe to reconsider two specific provisions:
  1. The repeal of the ability to advance refund municipal bonds.
  2. The termination of the ability to use private activity bonds (PABs).
View the full letter. To learn more, contact NASACT's Washington office at (202) 624-5451.

The following organizations make up the Public Finance Network:
  • Government Finance Officers Association
  • United States Conference of Mayors
  • National Association of State Treasurers
  • National Association of Counties
  • National League of Cities
  • American Hospital Association
  • Airports Council International – North America
  • National Community Development Association
  • American Public Power Association
  • International Public Management Association for Human Resources
  • National Association of College and University Business Officers
  • American Society of Civil Engineers
  • National Association of Health and Educational Facilities Finance Authorities
  • Large Public Power Council
  • National Association for County Community and Economic Development
  • National Association of Local Housing Finance Agencies
  • National Association of Bond Lawyers
  • National Association of Municipal Advisors
  • National Council of State Housing Agencies
  • National School Boards Association
  • Association of American Medical Colleges
  • International Municipal Lawyers Association
  • American Public Works Association
  • National Association of Towns and Townships
  • National Association of State Auditors, Comptrollers and Treasurers
  • National Association of Regional Councils