California

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

California's governor and legislative leaders agreed to extend the state's cap-and-trade program and dedicate one-fourth of the funding to high-speed rail.

The appelate ruling in favor of the San Juan Unified School District helps clarify what districts can finance under the state laws governing bond elections.

California lawmakers, who announced a deal with Gov. Gavin Newsom in June, say his administration failed to agree on loan terms ahead this week's deadline.

BondLink's client issuers reached over $500 billion in bond sales while working with the municipal bond platform.

The state authority building the passenger rail project says it has a clear path to "achieving commercial success at the earliest stage."

San Francisco Bay Area Rapid Transit has struggled to regain ridership after the pandemic.

The city council advanced a community facilities district to issue up to $550 million of tax-exempt bonds to redevelop the area around the Beverly Hilton.

The ultimately unrealized threat to the municipal bond tax-exemption and infrastructure needs were among the drivers of bond sales.

The 10-campus public university system apparently scrapped plans to price $1.5 billion in debt this week.

It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

Medicaid cuts and tariffs are expected to pressure already struggling small rural and urban hospitals, including 18 in California that borrowed from the state.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.

An Emerson College poll showed Lt. Gov. Eleni Kounalakis in seventh place in the crowded governor's race as she made the announcement Friday.

Hospital acquisitions, expansions and the anticipation of federal policy changes has increased bond issuance from the California Health Facilities Financing Authority.

A judge approved an injunction requested by 20 states to temporarily halt the Federal Emergency Management Agency from diverting money from a disaster preparedness program.

The plan being floated by California Gov. Gavin Newsom would nearly double the $21 billion fund created to protect the state's investor-owned utilities from outsized wildfire claims.

Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.