FOR IMMEDIATE RELEASE
March 1, 2016
WASHINGTON, DC – Airports Council International – North America (ACI-NA) President and CEO Kevin M. Burke today welcomed the formation of the Municipal Finance Caucus, a bipartisan caucus in the U.S. House of Representatives that will bring greater attention to state and local finance issues and protect the full tax-exempt status of municipal bonds. The new caucus was announced by Representatives Randy Hultgren (R-IL) and Dutch Ruppersberger (D-MD).
“We applaud Representatives Hultgren and Ruppersberger for their leadership in creating the important Municipal Finance Caucus. ACI-NA is the aviation community’s leader in protecting tax free municipal bonds. Because airports need continued access to low-cost municipal financing without additional tax burdens, we look forward to continuing our work to maintain tax-exempt status of municipal bonds and eliminate the Alternative Minimum Tax burden on Private Activity Bonds. We will continue educating members of Congress on the important role bonds play in financing airport improvements and encourage others to join this caucus.”