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The Securities Industry and Financial Markets Association is urging the Securities and Exchange Commission to amend its Rule 15c2-12 on municipal bond disclosure and provide more guidance in this area.
June 10 -
South Carolina Gov. Nikki Haley gave her assent to a bill authorizing $2.3 billion of revenue bonds for highway projects.
June 9 - California
Leaders in California's largest cities are contemplating bond measures and tax increases to tackle worsening homelessness crisis, including an unprecedented local income tax in Los Angeles County.
June 9 -
The Internal Revenue Service should do more targeted than random audits to reduce burdens on issuers and improve compliance amidst strained resources and staff, an advisory panel recommended.
June 9 -
The full House is expected to vote today on a bill designed to help Puerto Rico after the House Rules Committee set the table for the bill's consideration during a lengthy hearing that stretched into Wednesday night.
June 9 - California
The UCLA Anderson Forecast revised its expectations for both California and the national economy downward.
June 8 -
California local government officials and other stakeholders are becoming increasingly uneasy about the lack of activity in the state legislatures special session on transportation.
June 7 -
Voters in Wake County, N.C., will decide in November whether to approve a 0.5% increase in the local sales tax to fund a 10-year, $2.39 billion transit plan to reduce highway congestion in the Raleigh area.
June 7 -
The U.S. Department of Transportation has received 585 applications seeking $9.3 billion of Transportation Investment Generating Economic Recovery (TIGER) grants almost 19 times more than the $500 that is to be awarded later this year.
June 7 -
The Port of Los Angeles board of commissioners approved a $1.17 billion budget Friday that includes no immediate plans for long-term debt.
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