On April 9th, the Federal Reserve system created the Municipal Liquidity Facility<https://www.federalreserve.gov/monetarypolicy/muni.htm> (MLF), which is allowed to purchase short term notes from all states. Are any of you aware of any current legislative efforts in your respective states to establish a state relending program for the Facility, for local government funding? Julia Frey Research Analyst PA Local Government Commission Pennsylvania General Assembly Harrisburg, PA Phone 717-787-7680 E-mail: jfrey@palegislature.us<mailto:jfrey@palegislature.us> This e-mail transmission, including any attachments, is intended only for the recipient(s) listed above and may contain information that is confidential and privileged. Any unauthorized review, use, disclosure, forwarding or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message. Nothing in this transmission should be construed as a legal opinion or an official position on any proposed legislation. The Local Government Commission staff is prohibited from rendering legal advice or consultation and does not take a position on any proposed legislation unless directed to do so by the Commission.