Tax-exempt bonds

Draft reconciliation bill text could be released within the next few weeks, said Brett Bolton, vice president of federal legislative and regulatory policy at the Bond Dealers of America.

The vote advances a closely watched tax package.

Municipal market advocates believe it won't take many muni bond "champions" to protect the financing tool.

Municipal finance professors Justin Marlowe and Martin Luby wrote the paper after fielding dozens of calls about "this otherwise esoteric corner of public finance."

House leaders will have to overcome dissent from conservative lawmakers, who say the Senate version is too watered-down.

Squire Patton Boggs attorney Michael Cullers believes the 10th Amendment may pose an obstacle.

Nebraska Rep. Don Bacon, a Republican, has penned a "Dear Colleague" letter asking lawmakers to publicly support tax-exempt municipal bonds.

Mesirow's George Barbar said the group's top legislative focus is preserving the municipal bond tax exemption.

Firms like Siebert Williams Shank and Huntington have begun stacking their benches with municipal finance talent amid tax exemption uncertainty.

"If you're an issuer, this is fly-in season," said Jarrod Loadholt, partner at Ice Miller LLP. "Don't hope someone else is going to solve this for you — they're not."