Latest Updates: Related to Inflation

Municipal Friendly Elements are Out

  • A new $1.75 trillion framework was released today with updated details about what could be included in the president’s and progressive Democrats’ Build Back Better Agenda.
  • The municipal bond friendly elements, including the subsidized taxable infrastructure bond program and reinstatement of tax-exempts for advance refundings, were left out of today’s framework.
  • Nothing was included in the new $1.75 trillion framework related to the SALT cap.


Download the full article

Read more Municipal Commentary 

Learn More From HilltopSecurities

A New Decade & The Threat to the Municipal Bond Tax-Exemption

Lawmakers Shift to Compromise, Some Spending Jettisoned, Municipal Elements Remain if Only For Now

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.