Regions News from Bond Buyer

Democrats have, at least temporarily, blocked measures that would have led to local sales tax increase referendums.

The Commonwealth Transportation Board in Virginia rolled out a $28.5 billion, six-year transportation infrastructure improvement plan that covers roads, bridges, rail, and more.

The College of the Holy Cross, enjoying rising student demand in a time when other private schools are struggling, will take out variable-rate and taxable debt.

The lawmakers say their bills would establish safety standards for independent, third-party assessments of artificial intelligence systems and models.

"The upgrade recognizes two important factors: the strong operating performance of Vogtle Units 3 and 4 since entering commercial service and the strength of the project's contractual framework," said Ernest Libershteyn, MEAG director of finance and treasury.

For the first time since 2023, Georgia will bring its general obligation bonds to the municipal bond market, with a $1.57 billion competitive deal.

Ohio Gov. Mike DeWine on Monday signed the state's $3.7 billion FY2027-28 capital budget, lauding the budget's breadth and impact on ordinary Ohioans.

Alexandria, Va. is moving forward with a $155 million plan to convert a former power plant into a 2.5 million square feet development by leveraging tax increment financing and bond sales.

The port processed 840,165 twenty-foot equivalent units in May compared to 716,618 a year ago.

Kansas City, Missouri, is weighing $235 million in special obligation bonds to help fund the $1.4 billion expansion of the KC Current's two-year-old stadium.

The latest update for the project at the Southwest Airlines hub showed an estimated $2.54 billion price tag and plans to issue general airport revenue bonds.

Bondholders also waived an event of default for $22 million of senior debt that Brightline took on in May.

The Texas city's $115 million general obligation bond sale comes as a water supply emergency and potential further negative rating actions loom.

After the DOT "expedited" a $25 million investment in the train, Q1 trespassing incidents and collisions on Brightline Florida fell 30% year-over-year, the office said.

Budget legislation was introduced in both houses of the California legislature last week, setting up negotiations.

Blockchain-based technology is coming for munis. Despite the market's slow crawl towards modernization, backers believe that the transition is inevitable.

After the latest cyberattack struck a K-12 school system, rating agencies and muni market participants warned of an evolving risk to school district issuers.

Transit authorities around the country are bracing for upticks in ridership and revenue thanks to the World Cup as negotiations over surface transportation authorization linger in the background.

City officials attribute the structural deficit to inflation-driven spending increases combined with revenues that have not kept pace.

Market Intelligence analyst Jeff Lipton explains how California Mello-Roos land-secured bonds can add yield and diversification, and outlines the underwriting checklist investors should use to balance development risk against structural protections.