Far West

The IAH Public Facility Corp.' $49 million of bonds for a jail in Polk County, Texas, are one of a number of issues that have been audited by the IRS, which has claimed jail bonds are taxable private activity bonds.

Puerto Rico could benefit from a control board similar to what Congress implemented for Washington, D.C., said former House Speaker Newt Gingrich.

Investment banking firm Rice Financial Products Co. has hired seven people to bolster its sales and trading operations and expand its footprint in California, Illinois, Texas and New York.

Justin Underwood will join Bond Dealers of America on Nov. 16 as federal policy advisor.

The Government Finance Officers Association's executive board recently approved two updated disclosure best practice documents designed to help issuers meet their bond-related disclosure requirements while considering the possibilities of website-based and voluntary disclosures.

The $500 million of federal TIGER grants to transportation projects in 34 states brings the total to $4.6 billion since 2009.

Nevada's Clark County School District, the nation's fifth largest, is in the midst of a restructuring that could have repercussions for its outstanding and future bonds.

Oregon will sell $54.3 million of general obligation bonds for veterans’ housing in a negotiated deal next week.

The National Governors Association is calling on newly elected House Speaker Paul Ryan to move transportation and online sales tax legislation.

California’s Richmond Community Foundation will pursue a new social impact bond vehicle with a $3 million revenue bond private placement it hopes to close next month with the local Mechanics Bank.