Call to Action! We Need Your Municipal Bond Testimonials

Protecting the tax-exempt status of municipal bonds has been a long-standing GMA policy priority to ensure local governments have a financing tool to fund capital projects at lower interest rates and without having to raise their own taxes. As the new administration vows to extend tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that will sunset in 2025, it will seek to offset tax cuts and anticipated reductions in government spending, including by threatening the tax exemption on municipal bonds that have allowed investors to exempt interest earned on their investments from federal income taxes.

Please use the form below to share any examples of municipal bonds at work in your communities and email Claire Chan of the GMA staff with any questions. We appreciate your help with our advocacy efforts to ensure municipal bonds remain a valuable tool to finance capital projects.

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* 1. Describe a city project that was funded by municipal bonds and how it has impacted or will impact the community. If you have more than one, please fill out a second form.

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* 2. Project Details

What year did the project start?

What year was the project completed (or will be completed, by estimate)?

Total Project Cost (exclude dollar sign $)

How much was financed by municipal bonds? (exclude dollar sign $)

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* 3. Would the project have moved forward without financing from municipal bonds?

No.

Yes, we would have been fine locating other funding sources.

Yes, but... (i.e. strain on city budget, delayed timeline)

If you answered yes, please specify what other funding sources you would have turned to or fill in the "Yes, but ____".