Tax-exempt advance refunding is back on the table, as a standalone bill titled the Investing in Our Communities Act has just been introduced in the House.

The legislation comes as the municipal market industry fends off threats to tax-exempt municipal bonds.

Advance refunding bonds are money borrowed at lower rates in order to make higher-interest bond repayments prior to the date at which those bonds could normally be fully paid off.

Issuers sold $187 billion in Build America Bonds before the program expired at the end of 2010.

Senior investors/diminished capacity investors; Sustainable Finance; Private Fund Proposals (SEC); H.R. 6285 - Accelerating Holding Foreign Companies Accountable Act; S. 479 - LOCAL Infrastructure Act ...

The law gave Louisiana, Alabama and Mississippi the authority to issue $14.9 billion of tax-exempt private activity bonds, $350 million of tax-credit bonds, and $7.9 billion of advance refunding ...

Wisconsin this week saved $21.3 million by advance refunding $368.6 million of transportation revenue bonds in a deal it had previously planned for next year, according to Erdman.

- Issues relating to infrastructure financing options, including direct pay bonds, advance refunding and private activity bonds in HR 3684, Infrastructure Investment and Jobs Act - International tax ...