Take Action: Protect & Preserve Tax Exemption for Municipal Bonds
Congress is moving quickly on a budget reconciliation package to extend expiring tax reductions and reduce taxes in other ways, and to increase spending on border security and defense. Lawmakers are considering the elimination of tax exemption for interest earned on municipal bonds as a way to help pay for the cost of the budget package. 

LeadingAge’s nonprofit and mission-driven members across the care continuum rely on tax-exempt bond financing for many purposes, including expanding existing senior living campuses to enhance offerings and serve more residents, modernizing and renovating existing buildings, refinancing of existing debt, and developing new projects, including affordable housing.

As your senators and representatives debate how to pay for tax cut extensions and other spending, they need to hear from you. Urge them to protect and preserve the federal tax exemption on municipal bond interest.

Make your message distinctive by sharing real-life examples with your elected officials. Include a profile of your organization and your mission: describe your location(s), the housing and services you provide, and the number of residents you serve. Explain how your organization has used tax-exempt bond financing to support and expand your mission. This could be a project your organization has completed that would not have been possible without tax-exempt bond financing or a planned future project that you believe might not be possible without tax-exempt financing.

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