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Moody's Investors Service downgraded $1.75 billion of San Jose Redevelopment Agency bonds to junk after the city of San Jose said a default was possible because of a conflict over tax revenue with Santa Clara County.
June 8 -
WASHINGTON — Congress will likely pass a separate bill to extend expired and expiring tax law provisions, some of which are bond-related, before the end of the year, the chairman of a House Ways and Means panel told reporters after a hearing Friday.
June 8 -
WASHINGTON — The Council of Development Finance Agencies will unveil a draft legislative proposal Friday that would ease tax-law restrictions for small industrial development bonds, which are used to finance manufacturing facilities.
June 7 - California
According to California state law, lawmakers only have a week left to wrestle a budget over to the governor's desk, and they just started tackling the beast.
June 7
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WASHINGTON — Overall, state income and sales tax collections for the first quarter increased by 4.1% compared to the same quarter last year, the Rockefeller Institute of Government said in a report Thursday.
June 7 - Idaho
Moody’s Investors Service said the upcoming redemption of Idaho housing bonds is a positive for investors.
June 7 - California
The San Francisco Municipal Transportation Agency announced the appointment Wednesday of Vince Harris as director of capital programs and construction.
June 7 -
Fitch Ratings downgraded $93 million of bonds issued on behalf of Aspire Public Schools to junk because of a lawsuit that could end the charters for half of its schools.
June 7 - California
The struggling city of Hercules, Calif., got two boosts from voters on Tuesday.
June 7 - California
Voters in California Tuesday appeared to reject a ballot initiative that would have increased taxes on cigarettes by $1 a pack.
June 7
