Take Action - Bank Qualified Debt

Advocacy

Take Action - Bank Qualified Debt

For the 118th Congress, legislation (H.R. 8396) was once again introduced to increase the bank-qualified debt limit from $10 million to $30 million. Companion legislation has not been introduced in the Senate for the 117th but was previously introduced in July 2016 (S. 3257). The GFOA needs your help with increasing support for this important legislation, and is urging members to send letters to their House and Senate members requesting that they cosponsor this bill.

GFOA Federal Liaison Center

Advocacy Materials to Increase Bank-Qualified Debt Limit

View H.R. 8396

Review text of H.R. 8396 that was introduced in the House

Read the bill

Download Draft Letter

Use this letter and add information specific to your community

Download the letter

Bank-Qualified Debt Resource Center

Additional information about the current situation and GFOA's policy position.

Learn More

FLC Resources

Additional information from GFOA

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Bank Qualified Debt Resource Center

Viist GFOA's resource information on important information on how bank qualified debt legislation will impact state and local governments.

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