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Federal Subsidies for Municipal Bond Interest Topic of In Focus White Paper From CRS
April 17, 2025
WASHINGTON, April 17 -- The Congressional Research Service issued the following In Focus white paper (No. IF12969) on April 16, 2025, by acting section research manager Grant A. Driessen.

Here are excerpts:

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Selected Issues in Tax Reform: Federal Subsidies for Municipal Bond Interest

The federal tax code includes subsidies for interest income earned on state and local (municipal) bonds. Municipal governments issue bonds to investors to fin . . .

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