Sunday, May 26, 2024

Michael J. Busada appointed chairman of the National Association of Bond Lawyers’ Governmental Affairs Committee

by BIZ Magazine

SHREVEPORT – Butler Snow LLP attorney Michael (Mike) J. Busada has been named the chairman of the National Association of Bond Lawyers’ Governmental Affairs Committee. Busada previously served on the committee as co-chair and vice chair.

The National Association of Bond Lawyers (NABL) serves to promote the education of its members around public laws affecting public finance and the municipal bond market. The NABL Governmental Affairs Committee aims to encourage members to educate federal policy makers around the importance of tax-advantaged bonds and how they help state and local governments.

Busada has vast experience as bond counsel and as a public finance and economic development attorney in Louisiana, representing local governments; 501(c)(3) organizations; and other major corporations in the firm’s Public Finance, Tax Incentives and Credit Markets practice group. In addition to his new role as chairman, Busada is a member of Louisiana’s Committee of 100 for Economic Development and the Louisiana Industrial Development Executives Association.

With a keen eye for serving communities through development, Busada continues to advocate for the expansion of tax-exempt bond financing to aid economic recovery. Busada was appointed by the governor of Louisiana to identify the economic impacts of the COVID-19 pandemic while serving on the Louisiana Commission’s Economic and Community Development Task Force.

Most recently, Busada has helped secure tax-advantaged financing for a boutique hotel in Monroe and wrote the law establishing the Louisiana Competes Regional Economic Development Program. In 2010, he helped amend Louisiana’s Payment In Lieu of Taxes (PILOT) program to provide more financial security to municipalities.

Butler Snow’s Public Finance, Tax Incentives and Credit Markets  group utilizes experienced attorneys from New York to Colorado to form one of the most creative and successful public finance practices in the country. The firm has developed decades-long relationships with many of its clients largely due to our ability to successfully and efficiently close deals—even the most complex transactions. Butler Snow’s attorneys work seamlessly as a team across 12 offices to provide specialized financing techniques, related tax counsel, and other technical debt-structuring knowledge to our clients nationwide.

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