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Sen. Roberts concerned tax reform could raise borrowing costs for municipal utilities


May 10, 2013

Sen. Pat Roberts, R-Kan., is concerned about the effect of tax reform on municipal bonds.

Limiting itemized deductions could lead to less demand for tax-exempt bonds and raise borrowing costs for state and local government—including municipal utilities, Roberts said in a recent Q&A for Public Power magazine.

Roberts was elected to the U.S. Senate in 1996 after serving his state in the House of Representatives for 16 years. He is a member of the Senate Finance Committee and a senior member of the Senate Agriculture Committee.

Roberts talks municipal bonds and other energy tax issues, including incentives, tax breaks and the Dodd-Frank Act in the five-question interview posted on publicpower.org.

Subscriptions to the electronic and print editions of Public Power and all other APPA periodicals are free to all employees and governing board members of APPA member utilities and associate members. An online subscription signup form is on publicpower.org.

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