Illinois bond conduit’s slate is full amid tax reform threats – The Bond Buyer

The Illinois Finance Authority board is expected to clear $1.26 billion of deals at its meeting Thursday as borrowers rush to market ahead of federal tax legislation that is likely to end advance refundings and might strip not-for-profits of their tax-exempt borrowing powers. The IFA is the state’s primary avenue for nonprofits, such as hospitals, private universities, cultural institutions, housing groups, and charter schools, to access the municipal market.