Federal Home Loan Banks to Provide Credit Enhancement to Tax-Exempt Municipal Bonds


SIFMA provides comments to the Chairman and Ranking Member of the US House Ways and Means Committee urging the inclusion of H.R. 2091 in any legislative package related to the current challenges facing the credit markets. H.R. 2091 is a piece of bipartisan legislation that would add the Federal Home Loan Banks to the list of government-sponsored enterprises (GSEs) that can provide credit enhancement to tax-exempt municipal bonds.