The American Public Power Association passed a resolution in support of a bill sponsored by Rep. Richard Neal, D-Mass., that would eliminate the $15 million private-use restriction placed on public power bonds by the 1986 Tax Reform Act.

At its annual conference last month, the association also passed a resolution to oppose a bill sponsored by Rep. Jim McDermott, D-Wash., that would eliminate tax-exempt financing for public power facilities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.