ICBA sent a letter to Sens. Catherine Cortez Masto (D-Nev.) and Todd Young (R-Ind.) in support of The MINT Act, which would allow Federal Home Loan Banks to provide letters of credit, or credit enhancement, to local authorities for the issuance of tax-exempt debt in support of critical local, non-housing projects. ICBA said the legislation would promote the financing and construction of critical local infrastructure, health care, and economic development projects.