Tax Reform Fallout and Infrastructure Plan Discussion

Although the public finance industry dodged a bullet when Congress retained tax-exempt private activity bonds in the Tax Cuts and Jobs Act, the industry did not emerge unscathed. The biggest blow came with the repeal of tax-exempt advance refundings, but the industry also has experienced collateral damage due to the legislation, such as changes to the corporate tax rate and the alternative minimum tax. In the midst of the industry adjusting to the changes imposed by tax reform, the White House released its framework for rebuilding American infrastructure, which relies heavily on state and local financing tools to accomplish its goals.

Partners Victoria Ozimek and Brian Teaff explored how the industry is responding to the new tax reform paradigm (including advance refunding alternatives and effects on direct placements) and reactions to the Administration’s Infrastructure Plan. The presentation schedule was as follows:

Bracewell Austin Office
Wednesday, April 11, 2018 
11:30 a.m. – 1:00 p.m.

Bracewell San Antonio Office
Thursday, April 12, 2018
11:30 a.m. – 1:00 p.m.

Bracewell Houston Office
Tuesday, April 17, 2018
11:30 a.m. – 1:00 p.m.

Bracewell Dallas Office
Wednesday, April 18, 2018
11:30 a.m. – 1:00 p.m.

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