LOC News
Tax Exempt Municipal Bonds at Risk – Help Protect Them
The National League of Cities (NLC) believes that tax-exempt municipal bonds are at risk and that the U.S. Congress is looking to get rid of them.
Cities of all sizes rely on tax-exempt municipal bonds as a critical tool to finance infrastructure projects and essential public services. These bonds help fund everything from schools and hospitals to roads and utilities—projects that are vital to the well-being of communities across the country. The tax-exempt bonds issued by state and local governments and nonprofit entities have financed the majority of our nation’s infrastructure.
In collaboration with the Government Finance Officers Association (GFOA), the NLC is launching the #BuiltByBonds campaign to undeniably demonstrate the importance of tax-exempt municipal bonds in every congressional district nationwide. The LOC and NLC are asking cities to help educate Congress on this issue by populating this map using this form with projects that has been partially or fully funded through tax-exempt municipal bonds. The information on the map will allow congressional members and staff to search for projects financed with municipal bonds in their own congressional district and the state of Oregon.
LOC staff and members will be in Washington, D.C. for the NLC Congressional Cities Conference in March where this issue will likely be talked about with the Oregon congressional delegation as well.
Contact: Jenna Jones, Lobbyist – jjones@orcities.org
Last Updated 1/24/25