New Hampshire

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.

New Hampshire Gov. Maggie Hassan has proposed a two year budget plan that includes a 6.4% spending increase, but would also cut more than $1 billion from state agency requests.

Northeast bond issuance was stronger in the first half of 2014 than it was in the United States.

Fitch Ratings revised its outlook to negative from stable on $130 million of Covenant Health System revenue bonds in Massachusetts and New Hampshire.

Moody's Investors Service downgraded Manchester-Boston Regional Airport, N.H., revenue bonds to Baa1 from A3

Standard & Poor's has revised its outlook on New Hampshire's general obligation AA bond rating to negative from stable.

The Internal Revenue Service has concluded that $720 million of student-loan bonds issued by a New Hampshire authority are taxable, leading the issuer to move toward requesting an administrative appeal and asking the IRS to reopen its audits of the bonds.

The Internal Revenue Service thinks that interest on $720 million of bonds issued by the New Hampshire Health and Education Facilities Authority from 1998 to 2011 should not be tax-exempt.

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.

Soon after a New Hampshire authority became the first issuer to withdraw from the Internal Revenue Service's voluntary closing agreement program for student loan bonds, the IRS initiated an audit of $135.4 million of adjustable rate education loan revenue bonds it issued in 2011.

Moody's Investors Service downgraded Manchester's general obligation bonds to Aa2 from Aa1.

A New Hampshire issuer appears to be the first student loan issuer to withdraw from the Internal Revenue Service's voluntary closing agreement program to settle a tax law dispute over some of the $135.4 million of adjustable-rate education loan revenue bonds it issued in 2011.

The New Hampshire legislature approved a two-year budget Wednesday authorizing the sale of up to $193.5 million in new money bonds and notes.

The New Hampshire legislature is poised to adopt a two-year budget after a committee of legislators from both houses passed a $10.7 billion plan.

Standard & Poor's has raised its rating of Concord's general obligation debt to AA-plus from AA due to robust operating results.

New Hampshire government should pay off a $372,000 deficit in a capital fund used for paying bond interest and principal, New Hampshire Treasurer Catherine Provencher said.

Fitch Ratings dropped Manchester, N.H.'s airport revenue bonds to BBB-plus from A-minus.

After 132 years of Republican domination, New Hampshire has quietly shifted into generally Democratic control over the last few years.

A bill to allow New Hampshire towns to establish contingency funds is advancing in the New Hampshire General Court.

New Hampshire Gov. Maggie Hassan proposed the state government authorize the sale of $195 million in bonds in the next two fiscal years.