Louisiana

S&P Global Ratings revised its outlook on the state’s general obligation bond rating to stable from negative and affirmed its AA-minus rating.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues.

The comprehensive new law modernizes bond statutes on the books since the 1980s.

The report card touts the MSRB's accomplishments, though that doesn't sit well with some market participants.

The Fifth District Court of Appeals in New Orleans has yet to decide if oral arguments will be held in the suit brought by Calvin Grigsby.

Moody's Investors Service affirmed the state’s ratings and revised its outlook to stable from negative.

Tax accountants, financial advisors, private schools, and other organizations are advertising tax credits for donating to private K-12 voucher funds as ways to "sidestep," "bypass," "circumvent," or "mitigate" the impact of the federal SALT deduction cap, according to a survey.

In a third special session this year, the Republican-led Legislature is considering new funding to prop up the budget signed by Democratic Gov. John Bel Edwards.

John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.

Gov. John Bel Edwards objected to a spending plan that would impose cuts of more than 24% on most state agencies.

Gov. John Bel Edwards has called lawmakers to the capitol on May 22 to deal with the budget deficit.

Louisiana plans to ask firms if their policies “infringe on the constitutionally protected rights” of citizens to lawfully keep and bear arms.

Export industries may suffer, and Increases in steel and aluminum prices would hinder infrastructure projects.

With lawmakers failing to address a $1 billion budget deficit, S&P said “uncertainty about fiscal 2019 now looms over Louisiana.”

After failing to approve new revenue in a special session, lawmakers now must pass a fiscal 2019 budget without enough revenue to fund state priorities.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

Financial advisor and attorney Calvin Grigsby vowed to appeal a judge's ruling finding that his former client has absolute immunity from lawsuits.

The New Orleans Sewerage & Water Board is poised to issue $114 million in bonds for sewer and drainage repairs.

Gov. John Bel Edwards called a special session for Feb. 19 in attempt to end a partisan stalemate that has stymied fiscal reform efforts for two years.