Massachusetts

Massachusetts will come to market next week with a $651 million sale of accelerated bridge program bonds in two credits.

Massachusetts is investigating the sale of Puerto Rico bonds by three major financial firms.

Massachusetts repealed a 6.25% sales tax on technology services that was part of a $500 million revenue package. But the controversy still lingers.

The Massachusetts Senate was debating the repeal of a new sales tax on software and computer services, although a $160 million budget gap loomed with passage.

The Massachusetts House approved the repeal of a technology tax, which now goes to the Senate. Lawmakers face a $161 million gap should the measure pass.

The Army Corps of Engineers approved Massachusetts' preferred route for the South Coast commuter rail project, for which funding is still a challenge.

Moody's Investors Service placed the Baa1 rating of UMass Memorial Health Care on review for downgrade, affecting $299 million in rated debt outstanding.

Massachusetts officials an $800 million competitive sale of revenue anticipation notes on Wednesday, down 30% from their recent annual cash-flow borrowings.

The Massachusetts Water Pollution Abatement Trust approved interest-free water infrastructure loans to Leominster, Sturbridge and North Attleborough.

MassDevelopment said it invested $2.3 billion in businesses, nonprofits, and communities in fiscal 2013, with an emphasis on the northeastern part of the state.

Massachusetts Treasurer Steven Grossman hired Marvin Venay as deputy director of governmental affairs.

Ample cash reserves enabled Boston to offset sluggish growth in revenue relative to expenditures in recent years, according to Morningstar.

Boston would receive $32 million to $52 million annually under an agreement with Caesars Entertainment for a $1 billion casino complex at Suffolk Downs racetrack, Mayor Thomas Menino said.

The MBTA defused a legal battle over disclosure, but not the controversy, by releasing details of generous payout to retired workers of Boston's transit system.

The Massachusetts Senate passed a $1.4 billion housing bond bill, with a conference committee to reconcile it with a House version and submit to Gov. Deval Patrick.

Boston College has scheduled a $335 million bond sale in two tranches, with proceeds to benefit capital projects. Barclays is the lead manager.

Issuers in the Northeast sold almost $44.3 billion of municipal bonds in the first half of 2013, according to Thomson Reuters data, down more than 25% from the same period a year earlier.

Massachusetts officials urged the state's congressional delegation to reject proposed legislation that they say would threaten funding for water projects.

The Massachusetts Gaming Commission disqualified the owners of Plainridge Racecourse from applying for the state's single slots-parlor license.

Massachusetts will come to market Wednesday with its first borrowing of fiscal 2014, a $600 million competitive sale of general obligation Series E bonds.