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Mount Clemens commission urges congressional protection of municipal bond tax exemption
Mount Clemens City Commission · March 7, 2025
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Summary
The Mount Clemens City Commission adopted a resolution asking Michigan's congressional delegation to preserve the federal tax exemption for municipal bonds, which city staff said is critical for funding schools, hospitals, roads and utilities.
The Mount Clemens City Commission voted to adopt a resolution urging Michigan's congressional delegation to preserve the federal tax exemption for municipal bonds.
City Manager Mr. Shipman told the commission that "local governments of all sizes rely on tax exempt municipal bonds as a critical tool to finance infrastructure projects…
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