William F. Griffin, Jr. Testifies Before Massachusetts Legislative Committee in Support of New Chapter 40T
June 11, 2007 - Boston, MA
For more information contact: Joanne Thorud
(617) 589-3894; jthorud@davismalm.com
On June 11, Davis Malm attorney William F. Griffin, Jr. testified before the Massachusetts Legislature's Joint Committee on Community Development and Small Business in support of H. 159, the proposed legislation that would create a new Chapter 40T of the Massachusetts General Laws to allow municipalities to finance infrastructure improvements within local development zones through tax-exempt bonds secured by special assessments on property in the development zone. This legislation has the potential to attract billions of dollars of private investment in local infrastructure without burdening state and local budgets.
Mr. Griffin and his Davis Malm colleague, Hal Davis, played a major role in drafting the Chapter 40T bill and a similar bill passed by both houses of the Legislature last year. Mr. Griffin, a managing director of the firm, has nearly 30 years of experience in the area of government-assisted financing, particularly with the issuance of tax-exempt private activity bonds by the Massachusetts Development Finance Agency and other issuers.
About Davis, Malm & D'Agostine, P.C.
Founded in 1979, Davis Malm is a premier mid-sized, full-service New England firm. The firm provides sophisticated, cost-effective legal representation to local, national, and international public and private businesses, institutions, and individuals in a wide spectrum of industries. The attorneys at the firm practice at the top level of the profession and deliver successful results to clients through direct partner involvement, responsive client service, and practical and creative problem solving.
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Mr. Griffin, a managing director of the firm, has nearly 30 years of experience in the area of government-assisted financing, particularly with the issuance of tax-exempt private activity bonds by the Massachusetts Development Finance Agency and other issuers.
