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French Hill

FinServ Republicans defend muni bonds’ tax benefits

Senior Republicans on the House Financial Services Committee are pressing their colleagues not to raise taxes on municipal bonds, laying down a notable marker as the GOP crafts its reconciliation bill.

Financial Services Committee Chair French Hill (R-Ark.) led a letter to House Ways and Means Committee Chair Jason Smith (R-Mo.) asking that he “fully support the tax-exempt status of municipal bonds” and warning that raising taxes on the financing tool could harm local communities.

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Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture