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Partnerships between governmental or nonprofit entities and private entities should be treated favorably under private-activity bond and 501(c)(3) bond rules, the National Association of Bond Lawyers argued.
September 18 - California
California is making its debut into the "green bond" market next week with its $2.3 billion general obligation bond sale.
September 18 - California
The credit quality of California's water and sewer utilities will not be significantly impacted by the state's drought, according to Moody's Investors Service.
September 17 -
The Village Center Community Development District in Florida, whose status as a political subdivision that can issue tax-exempt bonds has been disputed, is planning to price three issues of taxable refunding bonds next week.
September 17 - Hawaii
Standard & Poor's revised the outlook to negative and affirmed a AA long-term rating on Kauai County, Hawaii's outstanding general obligation bonds, in a Sept. 16 report.
September 16 -
A federal appeals court recently agreed with a lower court that former Miami budget director Michael Boudreaux does not have immunity from Securities and Exchange Commission charges, a decision some experts think could have implications for the SEC's Municipalities Continuing Disclosure Cooperation initiative or other enforcement actions going forward.
September 16 -
An attorney representing defendants in a Victorville, Calif. bond fraud lawsuit pleaded guilty in a separate case to charges of money laundering and witness tampering.
September 16 -
A federal banking rule that doesn't classify municipal bonds as high-quality liquid assets needs to be reworked to ensure it won't impede critical infrastructure development, Sen. Chuck Schumer told regulators on Tuesday.
September 16 - California
The state of California is planning to sell $110 million of general obligation bonds for the state's Department of Veterans Affairs mortgage loan program in a competitive offering on Thursday.
September 16 -
The National Association of Bond Lawyers has many ongoing projects, including completing an analysis of the long-term implications of a self-reporting disclosure enforcement program, commenting on the SEC's 2012 municipal market report, and providing regulators with its views on tax issues, said its incoming president Antonio "Tony" Martini.
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