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The Internal Revenue Service's Office of Tax-Exempt Bonds has told its auditors that, if an issuer redeems 100% of the outstanding principal amount of its tax-exempt or tax-credit bonds, the audit can be closed without further TEB action.
October 20 -
Virginia road planners will evaluate local requests for $9 billion of state funding.
October 20 - Alaska
Alaskas coming $2.3 billion pension obligation bond deal will drive the Frontier State to another downgrade, but neither that or other recent downgrades is seen as an obstacle to the states desired pricing.
October 20 -
The former head of the Internal Revenue Service's tax-exempt bond office says TEB is ignoring alleged violations on a financing for a Syracuse mall that benefited from breaks sought by Hillary Clinton.
October 20 -
The Los Angeles school board refused to renew three charters for a charter school system with outstanding bonds that has faced financial problems and questions about connections to Turkeys coup.
October 19 - Oregon
Oregon has inaugurated the use of a new state program managed by the Oregon Department of Education that offers a dollar-to-dollar match of up to $4 million to districts whose voters approve local bonds.
October 19 - Washington
Gloria Papiez will become acting director of the Washington State Department of Financial Institutions, the state's primary financial regulator, on Nov. 1.
October 18 - Nevada
Nevada Gov. Brian Sandoval signed legislation to provides public money to build a National Football League stadium in Las Vegas.
October 18 - California
California tax revenue came in $217 million below the expected $24.8 billion for the first three months of fiscal 2017 , according to a California Department of Finance release.
October 17 -
Transit advocates see Baltimore's proposed Red Line as key part of multi-state rail link.
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