To lose the tax-exempt status on municipal bonds would place a great financial burden on many state and local governments that are already financially distressed.
Recommendations from an ICMA project completed two years ago have been incorporated into draft legislation at the national level in Lebanon.
What do you get when a local government manager asks front-line employees to improve their own processes and workflow?
With no additional funding for infrastructure or transportation projects, reducing or eliminating the tax-exempt status of municipal bonds could put cities and counties in a tighter financial situation.