Texas

The growth in March tax collections reported by the states was less robust than a year earlier.

Tioga Independent School District, located north of Dallas, has a state-appointed monitor to develop and implement "a corrective action plan."

The measure, which passed with slim vote margins in the Republican-controlled legislature, could drive banks out of the state's market, according to the governor.

The publicly offered tax-exempt debt product is new for the firm and the collateralized debt obligation structure may be one of the first for the market since the 2008 financial crisis.

The House and Senate differ in their approaches to lowering property taxes by billions of dollars as the state anticipates a record budget surplus.

The state House Appropriations Committee dropped $3.86 billion from a supplemental spending bill, but its chair said the money is "still in play."

A plan to build a light rail system in the Texas capital city has come under financial and political pressure.

"Florida will not side with economic central planners; we will not adopt policies that threaten personal economic freedom and security," said Gov. Ron DeSantis.

Among the record number of bills filed in the biennial session are bills aiming to restrict or expand municipal bond issuance.

The Texas Education Agency, which initially sought the takeover in 2019, will appoint managers to run the state's largest public school system.