AHA-supported bill would help finance local infrastructure projects

Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., yesterday the Municipal Bond Market Support Act of 2019, bipartisan legislation to help local governments, hospitals, non-profits and other entities reduce costs associated with infrastructure and development projects. The AHA-supported legislation would increase the annual limit for municipal bank qualified bond borrowing from $10 million to $30 million per borrower and index this level to inflation going forward. The legislation also applies the bank qualified debt limit on a borrower-by-borrower basis, rather than aggregating all bank qualified bonds issued by a conduit issuer, so that hospitals, schools and other community organizations can more easily access capital.
Related News Articles
Headline
The Senate Health, Education, Labor and Pensions Committee yesterday voted 12-11 along party lines to recommend the confirmation of Brian Christine, M.D., to…
Headline
In his latest AHA Cyber and Risk Intel blog, Scott Gee, AHA deputy national advisor for cybersecurity and risk, explains how hospitals can prepare for and…
Chairperson's File
This month Congress enacted the One Big Beautiful Bill Act — a sweeping package that contained many of President Trump’s legislative priorities on taxes,…
Headline
The House July 3 voted 218-214 to pass the final version of the One Big Beautiful Bill Act (H.R. 1), which enacts many of President Trump’s legislative…
Headline
The House has begun consideration of the Senate-passed version of the One Big Beautiful Bill Act (H.R. 1). This continues to be a fluid…
Headline
The Senate narrowly passed the One Big Beautiful Bill Act (H.R. 1) on July 1 by a 50-50 tally, with Vice President J.D. Vance casting the tie-breaking vote.…