Profile

Tim is a public finance and tax attorney at McNees in Harrisburg, PA. He is a member of the Public Finance and Public Sector Groups and also practices in the Corporate & Tax, Public-Private Partnerships, Food & Beverage, and Craft Breweries and Distilleries Groups.

As an attorney, Tim has spent his entire legal career advising clients in matters related to state, local and federal taxation. He advises banks and financial institutions, governmental issuers, school districts and nonprofits on the structuring of taxable and tax-exempt revenue bond and general obligation bond financings for a variety of capital projects, including manufacturing facilities, hospitals and other health care facilities, parking facilities, schools and higher education institutions and water and sewer projects. He also provides legal advice to clients in connection with the sale or long-term lease of public assets in the context of public-private and public-public partnerships.

Tim’s work as a business lawyer allows him to engage craft breweries and distilleries, advise both startup and well established businesses on a variety of legal issues relating to formation, tax planning, capitalization, securities, mergers and acquisitions, and general contract review.

Tim is a member of the Board of Directors of the Pennsylvania Association of Bond Lawyers, and writes extensively on matters of interest to the tax-exempt bond community. He regularly speaks on topics of municipal finance and tax law at seminars sponsored by various state organizations, including the Pennsylvania State Association of Boroughs, the Pennsylvania Municipal Authorities Association, and the Pennsylvania Bar Institute.

Connect with Tim on LinkedIn: http://www.linkedin.com/in/timhorstmann

Follow Tim on Twitter: https://twitter.com/tim_horstmann

EDUCATION

Shippensburg University, B.A., English and History, 2002, magna cum laude

The Dickinson School of Law of The Pennsylvania State University, J.D., 2007, magna cum laude, Penn State Law Review, Articles Editor, Woolsack Society

MEMBERSHIPS

Pennsylvania Bar Association

Dauphin County Bar Association

National Association of Bond Lawyers

Pennsylvania Association of Bond Lawyers

Leadership Cumberland, Board Member

Bar Admissions

Pennsylvania

PUBLICATIONS

August 10, 2017 - New Funding Mechanisms for Municipal Stormwater Management
The Legal Intelligencer

June 26, 2017 - Pennsylvania Senators Introduce New Municipal Debt Reform Bills
McNees Public Sector Client Alert

April 17, 2017 - New IRS Regulations Change the Game for Municipal Bond Issuers
The Legal Intelligencer

April 17, 2017 - Sanctuary Jurisdictions and Municipal Bond Disclosure
The Legal Intelligencer

February 22, 2017 - Bills Introduced in General Assembly Targeting Sanctuary Jurisdictions

October 11, 2016 - IRS Charts New Course on Management Contracts for Facilities Financed by Tax-Exempt Bonds
The Legal Intelligencer

September 1, 2016 - SEC Announces Enforcement Actions Against 71 Municipal Issuers
McNees Public Sector Client Alert

August 25, 2016 - IRS Loosens Restrictions on Safe Harbors for Management Contracts for Bond-Financed Property
McNees Public Sector Client Alert

August 2, 2016 - MSRB: No Attempts to Mandate Bank Loan Disclosure...For Now
Public Sector Client Alert

July 21, 2016 - Pennsylvania 2016-2017 Budget Revives Brewers' Tax Credit - With A Catch
McNees Food & Beverage Client Alert

June 8, 2016 - Christmas Comes Early for the Pennsylvania Liquor Industry: Governor Wolf Signs Liquor Modernization Bill into Law

February 16, 2016 - Municipal Stormwater Permitting and Stormwater Authorities
The Legal Intelligencer

February 2, 2016 - Public Finance Client Alert
Continuing Disclosure Information Reporting Deadline Draws Near

January 8, 2016 - Public Utility Companies Look to Gobble up Municipal Systems through Private Sales

December 15, 2015 - Turning the Page to 2016: Bank-Qualified Tax-Exempt Obligations
The Legal Intelligencer

October 13, 2015 - Water and Wastewater Concession Leases: An Introduction for Municipalities

September 22, 2015 - Avoiding Tax Traps in Selling or Leasing Municipal Assets
The Legal Intelligencer

July 28, 2015 - Potential Risks in Voluntary Reporting of Bank Loans
The Legal Intelligencer

March 25, 2015 - Financially Distressed Municipalities Obtain New Taxing Powers Under Act 47 Recovery Program
The Legal Intelligencer

January 20, 2015 - A Small Borough Closes on a Big Lease of its Water and Sewer System: Lessons for Other Municipalities
The Legal Intelligencer

August 26, 2014 - MSRB Relaxes Duties of Municipal Advisors
The Legal Intelligencer

August 23, 2014 - Liquor Law Update - August 2014
Distribution Agreements in Pennsylvania:  Til Death Do Us Part

January 17, 2014 - Public Finance Client Alert
The Stimulus Shall Continue: IRS Gives OK to Current Refundings of Recovery Zone Facility Bonds

October 24, 2013 - McNees Municipal Recovery Client Alert
Pennsylvania Senate Local Government Committee Advances Amended Municipal Financial Reform Legislation

October 14, 2013 - Liquor Law Update - October 2013
Starting a Craft Brewery:  Business Tips for the New Entrepreneur

October 7, 2013 - McNees Municipal Recovery Client Alert
Pennsylvania Senate Local Government Committee Advances Bill No Longer Banning, But Limiting Municipal Interest Rate Swaps

September 25, 2013 - The Challenges of Being a Municipality Under the Laws of Pennsylvania

July 27, 2013 - McNees Client Alert
Bipartisan Group of Senators Advance Additional Municipal Debt Reform Legislation

May 12, 2013 - McNees Client Alert
The SEC Action Against the City of Harrisburg:  Lessons for Other Municipalities

March 25, 2013 - Municipal Debt Reform Legislation Introduced in State Senate

March 24, 2013 - Five Things to Know when Contemplating the Issuance of Municipal Debt

February 17, 2013 - McNees Client Alert
Senate Proposal Would Dramatically Change Process for DCED Approval of Municipal Debt

February 8, 2013 - PA Tax Law News - February 2013
In this issue: PA Governor Proposes Corporate Tax Cuts l Add-Back Legislation Reintroduced l PA Supreme Court Issues Business / Nonbusiness Income Decision l Philadelphia Property Reassessments l Commonwealth Court Addresses Additional IFTA Issues l Commonwealth Court Opinion Contains Important Lessons l Administrative Bank Attachment l PA Supreme Court Invalidates Local “Flat Tax” on Businesses l Use of Appeal Filing Date as Valuation Date for Assessment Appeals