Tax-exempt municipal bonds have been a fundamental feature of the United States tax code since 1913. Municipal bonds remain the primary method used by states and local governments to finance public capital improvements and public infrastructure projects that are essential for creating jobs, sustaining economic growth and improving the quality of life for Americans in every corner of this country.

URGE YOUR HOUSE MEMBERS to co-sponsor House Resolution 112, which former local elected officials Reps. Lee Terry (R-NE) and Richard Neal (D-MA) just introduced. Commemorating the 100-year precedent of the federal tax exemption of municipal bonds, the resolution reinforces the importance of these bonds to local governments across the country.  Click here to read the resolution.

For more information and valuble resources on this topic please visit the dedicated NACo Municipal Bond webpage or contact Mike Belarmino at mbelarmino@naco.org  or at 202.942.4254