- Stage
- In committee
- Started in
- Senate
- Sponsors
- 5
- Latest action
- Feb 26, 2026
What it does
The MINT Act would amend the Internal Revenue Code to restore the tax-exempt status of certain state and local bonds guaranteed by Federal Home Loan Banks by removing a prior restriction that limited such treatment to bonds issued before 2011. It would also update safety and soundness requirements for these guarantees to be determined by the Director of the Federal Housing Finance Agency rather than fixed statutory standards. The changes would apply to guarantees made after the bill’s enactment, affecting issuers of municipal bonds and investors relying on their tax-exempt status.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.