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state_legiscan_backfill · DC

Fair Taxation of Municipal Bonds Amendment Act of 2025

February 4, 2025

Summary

If enacted, this bill would preserve the current tax-exempt status for municipal bonds issued outside the District of Columbia, provided those assets were acquired by taxpayers before October 1, 2024. This legislation impacts financial institutions, investment firms, and individual taxpayers holding out-of-state municipal bond portfolios.

Source: https://lims.dccouncil.gov/Legislation/B26-0116

Common questions

What does "Fair Taxation of Municipal Bonds Amendment Act of 2025" cover?
If enacted, this bill would preserve the current tax-exempt status for municipal bonds issued outside the District of Columbia, provided those assets were…
When was it published?
It was published on February 4, 2025.

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