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Reconciliation Bill Expands, But Muni Priorities Still Left Out

Mintz's Retail and Consumer Products Practice Co-Chair Charles Samuels was quoted in The Bond Buyer in an article covering the municipal bond market following the surprise budget reconciliation bill unveiled on Wednesday night. Charles said, "That a deal has been reached is somewhat of a surprise... Not surprising is that at this point there are no muni bond provisions and in fact there may be a deleterious corporate minimum tax... I think the impact of that is still TBD... Efforts certainly will be made to add our provisions and literally hundreds of other provisions... We'll see if this new deal succeeds and where it ends up."


The Bond Buyer