{"id":1121,"date":"2013-01-07T14:42:00","date_gmt":"2013-01-07T14:42:00","guid":{"rendered":"\/advocacy\/inside208\/post\/Fiscal-Cliff-Summary-and-Cities-Avoid-Losing-Exemptions-on-Federal-Bonds.aspx"},"modified":"2013-01-07T14:42:00","modified_gmt":"2013-01-07T14:42:00","slug":"fiscal-cliff-summary-and-cities-avoid-losing-exemptions-on-federal-bonds","status":"publish","type":"post","link":"https:\/\/mml.org\/inside208\/2013\/01\/07\/fiscal-cliff-summary-and-cities-avoid-losing-exemptions-on-federal-bonds\/","title":{"rendered":"Fiscal Cliff Summary and Cities Avoid Losing Exemptions on Federal Bonds"},"content":{"rendered":"<p>With Congress and the President passing legislation to avoid the fiscal cliff, cities had a significant victory in that they did not eliminate the tax exemption on federal municipal bonds. While this is great news for cities and villages, we still need to be vigilant as we head into the new year as Congress intends to take a closer look at exemptions. And, if you&#8217;re looking for a summary of what passed last week, you can find it attached <a href=\"http:\/\/www.nlc.org\/Documents\/Influence%20Federal%20Policy\/Advocacy\/Legislative\/Summary%20of%20Fiscal%20Cliff%20Bill.pdf\">here<\/a>.<\/p>\n<p><em>Summer Minnick is the Director of Policy Initiatives and Federal Affairs and can be reached at 517-908-0301 or sminnick@mml.org<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Congress and the President passing legislation to avoid the fiscal cliff, cities had a significant victory in that they did not eliminate the tax exemption on federal municipal bonds. While this is great news for cities and villages, we still need to be vigilant as we head into the  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15,22,26],"tags":[],"class_list":["post-1121","post","type-post","status-publish","format-standard","hentry","category-federal","category-legislative-link-articles","category-municipal-finance","mml-onemagnify-plugin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fiscal Cliff Summary and Cities Avoid Losing Exemptions on Federal Bonds - Inside 208<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mml.org\/inside208\/2013\/01\/07\/fiscal-cliff-summary-and-cities-avoid-losing-exemptions-on-federal-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiscal Cliff Summary and Cities Avoid Losing Exemptions on Federal Bonds - Inside 208\" \/>\n<meta property=\"og:description\" content=\"With Congress and the President passing legislation to avoid the fiscal cliff, cities had a significant victory in that they did not eliminate the tax exemption on federal municipal bonds. 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