Sen. Roberts concerned tax reform could raise borrowing costs for municipal utilities
Originally published May 10, 2013
Sen. Pat Roberts, R-Kan., is concerned about the effect of tax reform on municipal bonds.
Limiting itemized deductions could lead to less demand for tax-exempt bonds and raise borrowing costs for state and local government—including municipal utilities, Roberts said in a recent Q&A for Public Power magazine.
Roberts was elected to the U.S. Senate in 1996 after serving his state in the House of Representatives for 16 years. He is a member of the Senate Finance Committee and a senior member of the Senate Agriculture Committee.
Roberts talks municipal bonds and other energy tax issues, including incentives, tax breaks and the Dodd-Frank Act in the five-question interview posted on publicpower.org.
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