Alison
Benge

PARTNER
P. 206.602.1210

With a dedicated Section 103 tax practice, Alison Benge represents municipal issuer clients in a wide range of financings, and provides tax counsel advice in tax-exempt bond transactions and other matters.

Alison Benge’s practice focuses on tax advice relating to public finance transactions. She regularly provides the tax analysis for tax-exempt bond issues for municipalities, school districts, water and sewer systems, electric utilities, conduit issuers, and other governmental entities. 

Alison has extensive experience with the tax issues relating to general obligation bonds, utility revenue bonds (water, sewer, and electric), 501(c)(3) financings (for medical, educational, and retirement facilities), multifamily housing, tax credit and direct subsidy bonds, land secured financings (special tax bonds and assessment bonds), lease financings and certificates of participation, and small issue manufacturing bonds. She provides advice with respect to new money transactions and refunding issues (including taxable refundings, forward delivery bonds and cash defeasances), allocation and accounting issues, arbitrage and rebate, private business use, and post-issuance compliance. She regularly serves as a panelist and speaker on topics relating to the tax-exemption of municipal bonds.

In addition to providing tax expertise on Pacifica’s public finance transactions, Alison is available to serve as outside or special tax counsel to other law firms or to municipal issuers seeking specialized tax advice. In this capacity, she provides general tax advice, formal tax opinions, back-up tax opinions, tax-related documentation and disclosure, and guidance on post-issuance compliance, as needed by the client. She provides tax training and compliance workshops for bond attorneys, issuers and borrowers. Alison is also available to assist municipal issuers with preregistration and tax filings relating to elective pay tax credits available to tax-exempt entities under the Inflation Reduction Act of 2022.

Alison and her husband Jeremiah enjoy spending time with their three children, rooting for the Indianapolis Colts and the Chicago Cubs, and entertaining family and friends.

Bar Admissions:
  • Washington
  • California
  • North Carolina (inactive)
Education:
  • Hanover College, B.A., Economics, summa cum laude
  • Duke University School of Law, J.D., cum laude
Honors:
  • Selected for inclusion in The Best Lawyers in America in the field of Public Finance Law, 2019-2025, in Tax Law, 2024-2025, and as Lawyer of the Year in Public Finance Law in Seattle, 2023
  • Received the NABL President’s Service Award as Vice-Chair II on the Education and Member Services Committee, 2018-2019
  • Received the NABL President’s Service Award as Vice-Chair on the Tax Law Committee, 2022-2023
Speaking:
  • Speaker, MRSC (Municipal Research and Services Center), Washington Climate Action Peer Network: IRA Elective Payments, 2024
  • Panelist, Women in Public Finance, The 311 on 103: When to Call a Tax Lawyer About Your Tax-Exempt Bonds, August 2024
  • Speaker and Panel Chair, NABL 201 Series: Arbitrage and Rebate Webinar, 2022
  • Speaker and Panelist, NABL The Workshop (formerly Bond Attorneys’ Workshop):
    • Tax Hot Topics, 2023
    • Refundings and Reissuance, 2015-2020
    • Bank Direct Purchases – Advanced Tax Topics, 2016
    • Tax Due Diligence and Documentation, 2010-2014
  • Speaker and Panelist, NABL The Institute (formerly Tax and Securities Law Institute):
    • Housing Structures Amid High Rates and Low Volume, 2024
    • No Volume Cap, No Problem, 2023
    • Capitalizing on Financing Interest, 2022
    • Tax Hot Topics, 2017
    • Understanding the Pricing Process, 2016
    • Tax and Securities Law Issues in Bank Loan and Private Placements, 2015
  • Speaker and Panelist, NABL The Essentials (formerly Fundamentals of Municipal Bond Law Seminar):
    • General Tax Law; 501(c)(3) Bonds, 2023-2024
    • Arbitrage and Rebate and Qualified Small Issue and Exempt Facility Bonds, 2020-2021
    • Qualified 501(c)(3) Bonds, 2016, 2019
    • Avoiding Private Activity, 2016
    • Leases and Non-Traditional Financings, 2014-2015
    • Basic Structuring and Documentation, 2014-2015
    • Engagement letters and Opinions; Due Diligence and Drafting Disclosure; Underwriters’ Counsel, 2009
  • GFOA Debt Management Best Practices Webinar, 2023 and E-Learning Course, 2024
  • Speaker and Panelist, Treasury Institute for Higher Education’s Tax Exempt Bond Compliance Conference
    • New Allocation Rules for Mixed Use Projects, 2017
  • Presenter, Tax Compliance Training for Oregon Universities, 2016
  • Presenter, Pacifica Law Group:
    • PacificaU Bonds 301: Audits, 2023-2024
    • PacificaU Bonds 201: Tax, 2023-2024
    • Mixed Use Projects: Allocation and Accounting Under New IRS Regulations, 2015
Publications:
Community Involvement:
  • Save the Children, One Hundred Strong, Member
  • Giving What We Can, Member
Professional Organizations:
  • National Association of Bond Lawyers (“NABL”)
    • Tax Law Committee, 2023-2024
    • The Workshop Steering Committee, 2018-2020
    • Education Committee, Second Vice Chair, 2018-2019, First Vice Chair, 2019-2020, and Chair, 2020-2021
    • Nominating Committee, 2017
    • Fundamentals of Bond Law Conference, Vice Chair, 2017, and Chair, 2018
    • Member, 2002-Present
  • Pacific Northwest Chapter of Women in Public Finance
    • Mentor
    • Immediate Past President and Board Member, 2018-2020
    • President, 2016-2018
    • Founding Member