June 2020 - Murray Barnes Law LLP

Municipal Liquidity Facility Leaves Most Georgia Counties and Cities On Their Own

The Federal Reserve announced on April 9, 2020 that it was creating a Municipal Liquidity Facility (the “MLF”) to help states and local governments manage cash flow pressures caused by the COVID-19 pandemic. The [...]

Gina MacFarland2020-06-26T15:25:47+00:00June 26, 2020|Categories: COVID-19, Federal Tax, TAN|

Direct Subsidy Bond Payments May be Delayed Due to COVID-19

Issuers of tax-exempt, direct pay Build America Bonds (“BABs”) and Recovery Zone Economic Development Bonds (“RZEDBs”) under the American Recovery and Reinvestment Act of 2009 (“ARRA”) are entitled to receive direct subsidy payments from [...]

Gina MacFarland2020-06-26T15:28:49+00:00June 26, 2020|Categories: COVID-19, Federal Tax|