Partner Michael Bailey was quoted in an article that appeared in The Bond Buyer on December 29, 2010 titled “Munis Face Uphill Battle in Congress; Washington.” He discussed the struggle faced by municipal market groups trying to get Congress to resurrect the Build America Bond program and other bond-related tax incentives scheduled to expire December 31. Bailey stated that tax compliance may become easier at the end of the stimulus, adding that simplified public-approval requirements for Private Activity Bond-financed projects would be a welcome change.
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