Klobuchar, Franken, Minnesota Delegation Members Urge Treasury Department and IRS to Protect Minnesota’s Economic Development and Infrastructure Projects

U.S. Senators Amy Klobuchar and Al Franken, along with Representatives Collin Peterson, John Kline, Tim Walz, Erik Paulsen, Betty McCollum, Keith Ellison, Rick Nolan, and Tom Emmer, have urged the Treasury Department and the Internal Revenue Service (IRS) to carefully consider the potential impact of a proposed rule that could prevent port authorities and other political subdivisions from issuing tax-exempt bonds, a key financing tool for major projects