A Republican bill with 5 Democratic cosponsors · See all 10 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "Municipal Investment and Neighborhood Transformation Act" or the "MINT Act," aims to amend the Internal Revenue Code of 1986. The primary purpose is to restore the treatment of State and local bonds guaranteed by a Federal home loan bank as not being federally guaranteed for tax-exempt status purposes. It modifies specific clauses regarding bond issuance periods and updates safety and soundness requirements. These changes are directed at how the Director of the Federal Housing Finance Agency establishes requirements. The amendments apply to guarantees made after the date of the Act's enactment.
Yes· 3 of 8
- Scored +3
Does this cut taxes for middle-income families?
The bill restores the tax-exempt status of certain state and local bonds, which can lower borrowing costs for municipal projects that benefit middle-class communities.
- Scored +3
Does this leave more decisions to the states?
The bill restores the ability of state and local entities to issue tax-exempt bonds through Federal home loan bank guarantees.
- Scored +2
Would middle-income households be better off under this?
The preservation of tax-exempt municipal bonds can lead to more efficient local government spending on public services used by middle-class families.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Tax-Exempt Status Clarification: By striking the specific period mentioned in the text, the bill restores the treatment of certain State and local bonds so they are not viewed as federally guaranteed, which affects their tax-exempt status under Section 149(b)(3)(A).
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Flexible Safety Requirements: The bill updates safety and soundness requirements by allowing the Director of the Federal Housing Finance Agency to establish them from time to time, as stated in Section 2(b).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would middle-income households be better off under this? — The preservation of tax-exempt municipal bonds can lead to more efficient local government spending on public services used by middle-class families. Would people in rural areas be better off under this? — The bill aids the funding of local government projects that serve rural communities through municipal bond markets. Would people in cities be better off under this? — Municipal bond flexibility can support urban infrastructure projects and neighborhood transformations.
- Economy And Finance
- Does this cut taxes for middle-income families? — The bill restores the tax-exempt status of certain state and local bonds, which can lower borrowing costs for municipal projects that benefit middle-class communities. Is this likely to grow the economy? — Restoring the tax-exempt status of these bonds may facilitate easier municipal investment and local economic development.
- Governance And Ideology
- Does this leave more decisions to the states? — The bill restores the ability of state and local entities to issue tax-exempt bonds through Federal home loan bank guarantees.
- Environment Energy And Infrastructure
- Does this repair or build roads and bridges? — The bill facilitates the use of tax-exempt bonds which are a primary tool for funding local infrastructure like roads and bridges.
- Social Issues And Justice
- Does this make housing cost less? — By clarifying the tax-exempt status of municipal bonds often used for local infrastructure, the bill may indirectly support funding for affordable housing initiatives.
- 7/21/2026
- 1 Cosponsor added.
- 6/8/2026
- 2 Cosponsors added.
- 5/13/2026
- 2 Cosponsors added.
- 3/3/2026
- Referred to the House Committee on Ways and Means.
- 5 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Joyce BeattyDemocrat · Ohio
Marie PerezDemocrat · Washington
Steven HorsfordDemocrat · Nevada
Young KimRepublican · California
Darin LaHoodRepublican · Illinois
Sam LiccardoDemocrat · California
Maria SalazarRepublican · Florida
Marlin StutzmanRepublican · Indiana
Claudia TenneyRepublican · New York
Nikema WilliamsDemocrat · Georgia