HR 7769 · 119th Congress

MINT Act

This bill fixes a tax rule that's been causing problems for state and local governments trying to borrow money. Here's what's happening: States and cities issue bonds (basically loans from investors) to fund local projects like schools, roads, and infrastructure. These bonds are normally tax-exempt, meaning the inte…

Sponsor

McClain, Lisa C. (R-Michigan)

Introduced

2026-03-03

Policy area

Taxation