Maryland

Private investors in Maryland’s multi-billion dollar Purple Line P3 rail project will finance their share of construction with a federal loan and private-activity bonds.

Maryland has selected its preferred private partner for the multi-billion dollar Purple Line light rail project, Gov. Larry Hogan said Wednesday.

Issuers in the Northeast sold $102.9 billion of municipal bonds in 2015, almost 9% above the previous year's volume.

Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.

Four potential private partners have submitted financial proposals for Maryland’s $2.16 billion Purple Line light-rail project.

Maryland gets $27.9 million grant to study a 40-mile magnetic levitation train route expected to cost $10 billion.

Two Maryland counties have committed another $60 million to help fund the proposed $2 billion Purple Line P3 light-rail project.

Issuers in the Northeast sold $54.2 billion of municipal bonds in the first half of 2015 rising 26% compared to the first six months of 2014.

Baltimore officials want Maryland to share savings from a cancelled rail project to upgrade the city's bus system.

Triple-A rated Maryland is planning to competitively sell $500 million of general obligation bonds on July 16.

Maryland Gov. Larry Hogan gives preliminary approval to progress on halted $2 billion Purple Line P3 light rail project.

A U.S. Supreme Court ruling that found fault with Maryland's personal income tax collection scheme will cost localities in the state millions of dollars but may not impact their credit ratings, analysts and government officials said.

A series of toll rate reductions and discounts announced by the Maryland Transportation Authority on May 7 are a credit negative for the agency's revenue bonds, according to Moody's Investors Service.

Late April riots that erupted in Baltimore have caused widespread financial damage, but the city is not expected to face any long-term credit impact from the unrest, according to analysts.

Maryland Gov. Larry Hogan wants major cost reductions in Purple Line P3 rail proposal or he'll kill the project.

An economic study says Maryland’s proposed $2.45 billion Purple Line light rail would boost area’s income and job opportunities.

Triple-A rated Maryland is planning to competitively sell up to $1.268 billion of general obligation bonds on March 4, according to the state treasurer's office.

Maryland pushes back bids on its $2.5 billion Purple Line P3 rail project so partners can study how to build it cheaper.

Municipal bond issuance volume in the Northeast was little changed in 2014, rising 1% from 2013 volume as issuers weighed low interest rates against their ongoing fiscal challenges.

Almost $3 billion of potential lost revenue from cuts in Maryland gasoline taxes could cripple spending for major transportation projects.