Public Finance - 2011 in Review and the Outlook for 2012

    View Authors January 2012

    2011 was a very active year for the municipal bond market especially as it related to federal securities and tax laws. To review important regulatory issues in 2011 and look ahead to 2012, Squire Sanders Public Finance lawyers have assembled Public Finance – 2011 in Review and the Outlook for 2012.

    Topics from 2011 include:

    • Municipal Advisors
    • The Downgrade of US Debt
    • MSRB Rule G-17
    • Expanded Form 8038-G and the Continuing IRS Focus on Post-Issuance Compliance Procedures
    • IRS Report of Nonprofit Financings
    • IRS Releases Final Regulations on Solid Waste Disposal Facilities

    Our lawyers anticipate the next year will involve:

    • Potential Fireworks Display Regarding the Regulation of Municipal Securities
    • IRS Enforcement Involving the Determination of Bond Issue Prices
    • New Tax Legislation
    • Tax Regulations Including Finalizing Rules for Private-Activity Bonds and New Guidance for Build America Bonds