The American Public Power Association has launched a municipal bond advocacy page that includes a summary of its key messages on the issue, links to related news, and links to supporting documents.
The webpage includes:
- APPA’s municipal bond issue brief;
- Analysis by the Government Finance Officers Association on the margin between taxable and tax-exempt debt; and
- A Public Finance Network primer on tax-exempt financing.
The page will soon be amended to add access to a University of Chicago report providing data on outstanding municipal bond issuances for every state and every congressional district.
The webpage can be found here: https://www.publicpower.org/issue/protecting-municipal-bonds.
APPA said it continues to work with stakeholders on tax-exempt financing and elective payment of energy tax credits.
It is encouraging its member utilities to proactively engage with congressional offices to advocate for the continued use of tax-exempt financing and elective payment of energy tax credits.
With respect to elective pay, APPA has begun circulating on Capitol Hill a “one-pager.”
The document includes a talking point style one-pager, a graphic showing the difference for project ownership and financing of an elective pay project and a power purchase agreement; and a list of public laws and introduced legislation demonstrating the history of Republican and Democratic support for credit monetization.
