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Volume-cap allocations can reveal which projects will gain access to tax-exempt financing and which may be crowded out, making private-activity bond rules a practical signal for issuers, advisors and investors, according to Market Intelligence analyst Jeff Lipton.

Water infrastructure projects in the 2027 plan are aimed at accommodating projected population growth and addressing dwindling supplies.

The California High-Speed Rail Authority and the High Desert Corridor Joint Powers Agency will cooperate, notably on the station where they plan to connect.

The top two municipal bond insurers wrapped over $18.012 billion across 819 deals in the first half of 2026, down from $21.97 billion in 878 deals in 1H 2025, according to LSEG data.

The ongoing dispute between the states and the Federal Emergency Management Agency is heading to court as 25 states are suing the agency over charges that it's withholding grants based on immigration policies.

During the meeting, the board also approved a $48 million FY2027 budget, representing a 3.7% increase from the MSRB's FY2026 budget.

Bondholder liens did not arise "solely by force of a statute," but depended on contract agreements and trust indentures and therefore don't survive bankruptcy, the court said.

Muni ETFs experienced "some of the most severe and prolonged pricing dislocations across all ETF categories in March 2020," the paper said.

Market observers question the strength of pension funds, following positive performance reports.

New leadership and private capital are part of the strategy to push the high-speed rail project to its overdue completion.