{"database": "press", "table": "releases", "rows": [["http://adams.house.gov/media-center/press-releases/congresswoman-adams-calls-end-hbcu-discrimination-capital-bond-market", "Congresswoman Adams Calls for the End of HBCU Discrimination in the Capital Bond Market", "2016-09-28", "2016", "2016-09", "Democrat", "House", "NC", "Alma Adams", "A000370", "adams.house.gov", null, null, "legacy", "WASHINGTON\u2014\u00a0Congresswoman Alma S. Adams (NC-12) and Congressman Keith Ellison held a press conference at the Congressional Black Caucus Foundation Annual Legislative Conference to promote Rep. Ellison\u2019s\u00a0HBCU Investment Expansion Act of 2016.\n\t\t\t\tRep. Adams, member of the House Committee on Education & the Workforce and co-chair of the Bipartisan HBCU Caucus, is and has been fighting for resources on behalf of for Historically Black Colleges and Universities (HBCU) and the students they serve.\n\t\t\t\tHBCUs, unlike other colleges and universities, face persistent challenges related to access to capital. Many of these institutions rely on federal funding to support their functions and student needs.These same financial challenges carry over into the capital market when HBCUs are attempting to sell bonds to perform necessary infrastructure improvements to their schools. A\u00a0recent study\u00a0 performed by Drexel, the University of Notre Dame, Duke University, and University of California San Diego found that HBCUs pay more in fees to raise funds through bonds and that HBCUs may be forced to sell their bonds at a discount.\u00a0\n\t\t\t\tThe\u00a0HBCU Investment Expansion Act of 2016, set to be introduced by Rep. Ellison, would allow municipal bonds issued by HBCUs to have triple tax exempt status (local, state, and federal), leveling the playing field in the bond market.\n\t\t\t\t\u201cHistorically Black Colleges and Universities,\u00a0like any other institution of higher learning,\u00a0should be able to efficiently\u00a0invest in\u00a0their schools and support their students. With more HBCUs in my home state than any other state in our nation, I\u00a0am proud to support Congressman Ellison in our\u00a0shared effort\u00a0to eliminate the barriers that HBCUs\u00a0face,\"\u00a0Rep. Adams said.", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["http://adams.house.gov/media-center/press-releases/congresswoman-adams-calls-end-hbcu-discrimination-capital-bond-market"], "units": {}, "query_ms": 0.756426015868783, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}