Far West

SAN FRANCISCO — Oregon may have to give a cash infusion to a struggling alternative energy program with $229 million of debt outstanding to pay debt service backed with the state's general obligation pledge.

WASHINGTON — Major changes are in store for the House Financial Services Committee later this year, bringing some uncertainty for municipal securities and other markets.

WASHINGTON — A divisive labor issue that had stalled negotiations on a Federal Aviation Administration reauthorization bill has been resolved, and there is now a real possibility that the long-awaited legislation could land on the president's desk before the Jan. 31 deadline.

WASHINGTON — Moody's Investor’s Service is keeping its negative outlook on U.S. toll roads because of rising fuel prices, political hesitancy to increase toll rates, and a sluggish economy.

MONROVIA, Calif.—Three weeks after the California Supreme Court affirmed legislation eradicating the state's community redevelopment agencies, local officials are scrambling to figure out what it means for them.

California Gov. Jerry Brown placed the budget at the top of an ambitious agenda for the new legislative year during his state of the state address.

Infrastructure projects would acquire a new source of funds under a bill that would allow investors to make tax-deductible contributions to approved projects.

While ratings will remain stable in the public power sector over the next 12 months, the sluggish economy and prospect of new regulations pose risks for the longer term, Standard & Poor's said in a report issued Thursday.

Nevada Treasurer Kate Marshall has been elected the 2012 president of the National Association of State Treasurers.

The Idaho Bond Bank Authority received a Aa1 rating from Moody’s Investors Service on $17.9 million of revenue bonds it planned to price this week.