Oklahoma

Oklahoma is on a roll, notching its third positive rating outlook since July with the latest move coming from Fitch Ratings.

The push for bills to punish companies, including municipal bond underwriters, for their fossil fuel or firearm policies continues in Arizona and Oklahoma.

The chamber is once again refusing Gov. Kevin Stitt's call to pass an income tax cut during a special session.

The Republican governor is trying once again to focus lawmakers' attention on cutting income taxes during a special session set to begin Jan. 29.

As double-digit revenue growth comes to an end, Southwest governors are crafting budgets to deal with the new normal.

A 2023 state law gave legislative leaders four appointments to the six-member turnpike board as lawmakers sought to reform the agency in the wake of a controversial, bond-financed expansion project.

The case, which was refiled last week without federal claims from an earlier lawsuit, will have its first hearing in January.

A project to build a new arena for the NBA's Oklahoma City Thunder will move forward after voters approved the extension of a sales tax.

Finance officials from Ohio, Illinois, Pennsylvania, Oklahoma and Palm Beach County have joined Israel Bonds' new Government, Industry and Financial Services Leadership group.

Court-approved asset sales and bond exchanges are pushing a participant sports venue, a hospital, and a senior living community closer to exiting Chapter 11.

Litigation brought by a state public pension recipient challenges the constitutionality of a 2022 law prohibiting governmental contracts with companies the Oklahoma treasurer determines are "boycotting" energy businesses.

The top five bond financings have an average dollar volume of more than $1 billion.

A subpoena sent to the Oklahoma Corporation Commission this week seeks communications related to 2021's Winter Storm Uri and nearly $3 billion of utility securitizations that priced in 2022.

Attorney General Ken Paxton put several big banks under a review last month, raising concerns more municipal bond underwriters could be driven out of the state.

The Grand River Dam Authority, the state's largest public power utility, is expected to start issuing the debt later this year.

A $25.5 million cash offer plus some equity was made to acquire Legacy Park, which was financed with $284 million of now-defaulted revenue bonds.

The state's strong reserves contributed to brighter rating outlooks from Moody's Investors Service and, earlier this year, S&P Global Ratings.

The $500 million of revenue bonds to initially finance a $5 billion controversial expansion program were priced amid a turbulent market.

City voters will decide Dec. 12 on a proposed one cent, six-year sales tax to fund an at least $900 million arena for the NBA's Oklahoma City Thunder.

Final state approval of the debt was conditioned on the resolution of a petition to the Oklahoma Supreme Court to revisit its Aug. 1 validation of the debt.