- Washington
WASHINGTON — The Obama administration’s proposal to lower the subsidy rate for Build America Bonds to 28% is creating investor uncertainty and could hinder the program, California Treasurer Bill Lockyer warned Sen. Barbara Boxer this week.
February 11 -
SAN FRANCISCO — Two former San Bernardino County, Calif., officials were charged with bribery, conspiracy and corruption yesterday for their role in helping to approve a lawsuit settlement that was paid with $103.8 million of judgment obligation bonds.
February 10 - Washington
WASHINGTON — The Regional Bond Dealers Association announced Wednesday that it has tapped William Daly, the seasoned federal affairs director for New York City, as its senior vice president for government relations. He will start working for the group in early March.
February 10 - Texas
Rep. Eddie Bernice Johnson, D-Tex., has introduced legislation that would authorize the use of Build America Bonds for the purchase or construction of land, buildings or other facilities located near a convention center.
February 10 -
WASHINGTON — The Municipal Securities Rulemaking Board’s net assets fell to $26.39 million for the fiscal year ending Sept. 30, 2009, down $1.65 million from the previous year as new underwriting assessment fees fell dramatically, according to an audited financial statement and annual report expected to be released by the board today.
February 9 - Oregon
SAN FRANCISCO — Oregon revenue collections continue to fall short of expectations, according to the state’s latest forecast.
February 9 - Nevada
SAN FRANCISCO — If Nevada Gov. Jim Gibbons gets his way, there will be no new taxes to fill the state’s gaping budget hole, though residents will be given the option of buying gift certificates to pay teachers’ salaries.
February 9 -
WASHINGTON — A federal judge in New York Monday said he will not decide until Feb. 19 whether to accept the Securities and Exchange Commission settlement with Bank of America over allegations it misled shareholders and the federal government about its merger with Merrill Lynch.
February 8 -
ARLINGTON, Va. — The Federal Railroad Administration is currently evaluating options states could use to build high-speed rail, including ways to encourage multi-state projects, deputy administrator Karen Rae said in an interview yesterday.
February 8
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WASHINGTON — The Internal Revenue Service is asking issuers of Build America Bonds and tax-credit bonds to weigh in on how much of a burden it is to file two new information returns for the bonds that will be released later this week.
February 8
