The Institute 2026: Member-Exclusive Virtual Conference

Enjoy the same dynamic, discussion-based forums and peer-to-peer engagement from your home or office. Registration for the Institute 2026 is now open!

Latest From NABL

Event

Protecting Your Well-Being While Practicing in a Polarized Climate

This one-hour seminar will provide a practical exploration of how to maintain professionalism, foster respectful communication, and uphold organizational values while staying true to your personal values and perspectives.

  • Member Spotlight

Louis Couture

A NABL member since 2020, Louis is a member of the Public Finance & Infrastructure Practice in Greenberg Traurig’s Philadelphia office.

Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
  • News

FY2026 Appropriations

We are tracking the status of FY2026 appropriations, where things stand, and what it all means for bond lawyers.

  • Comments

PFN Letter: Second Session of 119th Congress

As the 119th Congress begins its second session, the Public Finance Network reiterates core policy priorities for the municipal market.

  • News

A Busy Year for Muni Advocacy

Where we’ve been in 2025, and what’s ahead in 2026.

By the Numbers

+2,300Members

With more than 2,300 active members you will find a network and community for your practice.

101HouRs of CLE OPPORTUNITIES

We offer 101 hours of CLE courses at a 30 percent discount for our members.

95%Retention Rate

We’re supporting member goals by expanding networks and access to resources.

Austin Texas Skyline. Source: Wikimedia Commons

It’s a one-stop shopping experience for all of the resources that a bond lawyer might need. 

Victoria Ozimek, Bracewell LLP in Austin, TX

NABL’s in-person conferences are the most valuable for me. Whether you want to develop new business, step up your game intellectually, develop industry contacts, or keep up with CLE requirements— it’s all there.”  

Kareem J. Spratling, Bryant Miller Olive P.A in Tampa, FL. 

I could not imagine being a bond attorney for 40 years without the support NABL provided in keeping me current on the complex statutory and regulatory requirements of the practice.

Kathleen C. McKinney, Haynsworth Sinkler Boyd, P.A. in Greenville, SC 

Join NABL

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Of the specialty bar association dedicated to public finance law.

Hudson Yards Rail Yards

Start with the Bond Basics

Private Loan Financing Test

One of the tests used in establishing whether a bond is a private activity bond (PAB) for tax purposes. The private loan financing test specifically determines whether more than $5 million or 5% of the proceeds of a bond issuer are used to directly or indirectly finance loans to one or more non-governmental persons.