Far West

Two U.S. senators have introduced a bill that give more rights to municipal employees in Chapter 9 bankruptcy proceedings, but experts warn the measure could lead to more litigation and raise Constitutional issues.

Bond measures met a largely successful reception Tuesday in California's primary election, which also set November races for state offices.

The San Diego County Water Authority says state and federal regulators need to be more transparent and thorough in explaining a proposed $25 billion Sacramento-San Joaquin Bay-Delta water tunnel project.

Standard & Poor's June 2 raised its long-term and underlying rating to AA-plus from AA on San Bruno, Calif.'s pension obligation bonds and certificates of participation, impacting nearly $23 million in debt.

Los Angeles Mayor Eric Garcetti launched a Great Streets initiative by announcing on June 3 the first 15 streets that will be targeted in the city.

San Francisco Mayor Ed Lee released his spending plan for the next two years, which includes a $500 million general obligation bond, and investing $94 million in affordable housing projects.

Carla A. Young, a former shareholder at Greenberg Traurig and Internal Revenue Service official, has joined Nixon Peabody as a tax partner in its public finance group.

Two more Ohio school districts have disclosed they are authorized to redeem BABs they issued in 2010 because of reduced subsidy payments due to sequestration.

The Municipal Securities Rulemaking Board plans to soon unveil a new price discovery tool on EMMA that will allow investors to compare the prices and yields of municipal securities that share the same characteristics.

The Securities and Exchange Commission's voluntary self-disclosure initiative sparked questions during a California Debt and Investment Advisory Commission webinar.