Bonds and Financing
Community

Municipal Bonds and Public Power

Tax-exempt municipal bonds have financed $2 trillion in new investments in infrastructure in the last decade, including $112 billion in new investments in electric power generation, transmission, and distribution, and should be the cornerstone of any plan to address the significant challenges of funding and financing new investments in public infrastructure. Federal tax exemption reduces costs at the margin, but municipal bonds are subject to local control and responsibility. Therefore, the American Public Power Association (Association or APPA) opposes any efforts to limit or eliminate municipal bonds given these adverse impacts on our public power utility members and their customers.

Issue Brief
Bonds and Financing
Resolution
Bonds and Financing