Far West

Issuers of conduit debt would lose their primary purpose if Congress eliminates private activity bonds.

Many coastal governments would see budget pressure and diminished tax-raising ability, analysts said.

The Pasco School District bond is now passing.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

Voters in seven California cities approved marijuana taxes Tuesday.

Voters in Clarkston said no to a school bond and voters in Pullman unseated two longtime school board incumbents Tuesday.

State Treasurer John Chiang wants a study to consider a state bank for the legal pot industry.

Construction of the bond-financed stadium for the Raiders was to begin this fall.

Fitch Ratings dropped the state one notch to AA.

The Tulare Local Health Care District defaulted on its revenue bonds and closed its hospital.