Tax-Advantaged Bonds
Includes tax-exempt bonds, tax credit bonds and direct pay bonds.
bond-basics
Direct Pay Bond
A Taxable Bond that offers a federal Interest subsidy to the Issuer in lieu of the Interest being excludable from federal income tax.
Dive Deeper on Tax Issues
Learn more about how various aspects of tax law intersect with municipal securities.
See Also
Related
Tracking Tax Reform in 2025
Congress is focused on addressing the pending expirations of the Tax Cuts and Jobs Act (TCJA) prior to the end of this calendar year. Here’s where things stand and what…
Protecting Tax-Exempt Municipal Bonds
Letter sent by the Public Finance Network (PFN), including NABL, to members of the 119th Congress in support of the tax exemption on municipal bonds.
Trump Admin Memo on Pausing Federal Funds
The Office of Management and Budget (OMB) recently released a memo instructing federal agencies to review existing federal financial assistance programs and temporarily pause certain funds.
The Workshop 2024: Session Bundle
If you did not attend The Workshop 2024, you can purchase access to individual sessions or the complete bundle: 10 sessions and 12+ CLE hours.
Requests for 2024-2025 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2024-2025 Priority Guidance Plan.
LIFT Act Reintroduced in 118th Congress
The three-prong bill would restore tax-exempt advance refunding bonds, modernize the small borrower’s exemption, and implement a new direct pay bond program.
Start with the Bond Basics
Hundreds of Terms and Concepts
Bona Fide Debt Service Fund
Fund primarily used to achieve proper match of revenues and debt service within each bond year.