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Elisse B. Walter to be Keynote Speaker at NABL 2010 Bond Attorneys'
Workshop - Registration Now Open

SEC Commissioner Elisse B. Walter will be providing her perspectives on recent SEC initiatives affecting the municipal marketplace as well as her vision of future SEC regulatory and compliance efforts at this year's  Bond Attorneys' Workshop.   This year's program will be in San Antonio.  

The 2010 BAW will bring you current on any changes and additions to the ARRA bond provisions as well as IRS enforcement and SEC regulatory reform efforts.  As quickly as the environment is changing, you cannot afford to miss out on this year's workshop.  Registration is now open.  Register today to take advantage of an early bird hotel rate - offered until September 7 (NOTE:  deadline has been extended for early bird hotel rates.)

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NABL Submits Letter in Support of Extension of BABs and 265 Amendments

On July 28, NABL submitted a letter in support of the extension of certain expiring bond-related provisions of the American Recovery and Reinvestment Act (ARRA), specifically the extension of the Build American Bonds (BABs) program and amendments to Section 265 of the Internal Revenue Code of 1986. 

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NABL Summary of Dodd-Frank Bill

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. No.111-205.  A working group appointed by NABL's Securities Law & Disclosure Committee has prepared a summary of those provisions of the new law that pertain to municipal securities.  This summary is not intended to be comprehensive, but rather is intended to highlight and summarize key provisions relevant to public finance practice. 

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Teleconference on Build America Bonds  - Podcast Available

On Tuesday, May 25, 2010, from 12:30 noon - 2:00pm Eastern Time, the National Association of Bond Lawyers (NABL) hosted a teleconference relating to direct pay Build America Bonds (BABs).    A Podcast of the program is available in the NABL Library.  The responses to certain additional questions from the panelists have now also been posted in the NABL Library.

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NABL Sends Letter to SEC and MSRB Urging Rating Notice on EMMA 

On Tuesday April 6, 2010, the National Association of Bond Lawyers sent the Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) a letter urging the regulators to post a notice on Electronic Municipal Market Access (EMMA) that rating information contained in offering and disclosure documentation may no longer be accurate as Moody’s and Fitch recalibrate their municipal ratings systems this month.  The proposed notice would recommend that investors verify the current and potential future rating on a municipal bond with Fitch or Moody’s before making an investment decision.

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Coalition of Organizations Support ARRA  Extension of ARRA
For Small Local Governments & Nonprofits

Several organizations including the National Association of Bond Lawyers have signed onto a letter supporting extension of the American Recovery & Reinvestment ACT (“ARRA”) that are currently scheduled to expire at the end of 2010.  

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NABL Member Advisory: Extension of Temporary Changes to Section 265 of the IRC

On February 3, 2010, the National Association of Bond Lawyers (NABL) released a Member Advisory, Extending ARRA Relief for Debt Issuance of Small Government Entities and 501(c)(3) Organizations, which evaluates the case for extending certain temporary changes made to Section 265 of the Internal Revenue Code in the American Recovery and Reinvestment Act of 2009.  

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NABL Member Advisory Addresses Federal Securities Law Issues Related to Stripping Tax Credits

On January 26, 2010, the National Association of Bond Lawyers (NABL) released a member advisory that addresses the principal federal securities law issues that arise when stripping tax credits from underlying taxable municipal bonds. 

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NABL Submits Solid Waste Disposal Facilities Comments, REG-140492-02

On December 15, 2009, the National Association of Bond Lawyers (NABL) submitted to the Internal Revenue Service (IRS) comments on proposed rulemaking REG-140492-02 concerning the definition of solid waste disposal facilities. 

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Swaps Book Offered to NABL Members

Interest Rate Swaps for the General Bond Practitioner: Basic Structures, Documentary and State Law Issues is available as a print publication in the NABL store or as a free download available to NABL members.

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What's New

Elena Kagan Confirmed by Senate to Supreme Court Aug 6, 2010

On Thursday, August 5, 2010, Elena Kagan was confirmed by a Senate vote of 63-37 as the newest…

Public Housing Reinvestment Bill Advances Out of Committee Aug 6, 2010

On Wednesday, July 28, 2010, the House Financial Services Committee passed the Public Housing…

Senate Passes $26 Billion State Aid Package Aug 6, 2010

On Thursday, July 29, 2010, Senate Majority Leader Harry Reid (D-NV) introduced a bill that would…

MSRB Executive Director Lynnette Hotchkiss Discusses Finance Reform Aug 6, 2010

On Friday, July 30, 2010, Municipal Securities Rulemaking Board (MSRB) Executive Director Lynnette…

Senate Banking Committee Approves Federal Reserve Board of Governors Nominees Aug 6, 2010

On Wednesday, July 28, 2010, the Senate Banking Committee approved the nominations of Janet L.…

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Upcoming NABL Seminars

35th Bond Attorneys' Workshop

Oct 27–29, 2010 | San Antonio, Texas

Stay on top of regulatory changes Meet colleagues at the largest gathering of bond lawyers anywhere Select eight panel sessions from 32 timely topics Earn up to 12 hours of CLE credit If you only attend one conference this year, make it…

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Local Government

This website database is provided free of charge by the National Association of Bond Lawyers as a public service and consists of case briefs published in Local Government Law Weekly, generally from the early 1990s on.

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Get Involved

NABL operates largely through the work of its volunteer committees. NABL encourages all members of the Association to become actively involved in committee projects.  Go to our committes page and click on a committee you think you might have interest.

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About NABL

The National Association of Bond Lawyers (NABL) exists to promote the integrity of the municipal market by advancing the understanding of and compliance with the law affecting public finance.

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NAN Listserv

NAN is NABL's group which targets bond lawyers with less than 8 years of municipal finance experience.   NAN hosts a listserve on the NABL website to encourage communication and the exchange of ideas among its members. 

 » Learn more about NAN & sign up for its listserv