APTA, Coalition Partners Issue Reports on Tax-Exempt Municipal Bonds
2/13/2025
APTA, together with the Government Finance Officers Association and coalition partners of the Public Finance Network (PFN), has released two reports outlining the importance of tax-exempt municipal bonds: Protecting Bonds to Build Infrastructure and Create Jobs and Understanding Financing Options Used for Public Infrastructure.
The Protecting Bonds report examines potential changes to the tax exemption for municipal bond interest and the detrimental effects those changes would have on communities across the U.S. The report estimates that if the tax-exempt status for municipal bond interest were to be eliminated it would increase borrowing costs by $820 billion from 2026 to 2035.
The Understanding Financing Options report provides an overview of tax-exempt bonds and other financing options used by state and local governments and other entities to finance infrastructure projects. It also provides an overview of congressional actions related to this market over the last 50 years.
