Maryland

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.

New Maryland Gov. Larry Hogan included funding for the state's two light rail P3 projects in his fiscal 2015 budget.

The Baltimore Hotel Corporation's convention center hotel revenue bonds used to finance a 756-bed Hilton were revised to stable from negative by Moody's Investors Service Thursday citing improved cash flow.

Maryland will delay bidding for two months on its $2.45 billion Purple Line P3 project so new governor can review.

Prince George's County, Md., signed 30-year P3 pact with Corvias for management of storm water runoff into Chesapeake Bay.

Fate of Maryland's $2.45 billion Purple Line light rail P3 is in the hands of Gov.-Elect Larry Hogan, an avowed foe of transit projects.

Maryland voters will decide whether to constitutionally prohibit lawmakers from diverting transportation-dedicated tax revenues to other purposes.

The cost of Maryland's Purple Line rail project has risen to $2.45 billion, up $21 million since September and almost $1.5 billion more than projected in 2007, according to the latest estimate by the Maryland Transit Administration.

Maryland's latest six-year transportation plan includes $279.4 million of new projects as part of $4.4 billion of additional highway and transit funding provided over six years by a 2013 state law that raised the gasoline tax.

A federal lawsuit seeking to halt Maryland's $2.4 billion Purple Line light rail project says track work will threaten endangered species.

Baltimore city and county will provide $280 million for Maryland's $2.9 billion Red Line light rail project to help attract $900 million of federal funding.