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Other detention centers and prisons operating near the U.S.-Mexico border have undergone similar IRS audits the last couple of years in which issuers have agreed to convert their bonds from tax-exempt to taxable.

Jeffrey Fladell, who retired from RBC Capital Markets in 2017, agreed to pay that fine while neither admitting nor denying FINRA's charges.

The Dallas Area Rapid Transit Authority will seek a federal grant for the light rail tunnel with the support of the City Council.

Buttigieg's support of PAB financing comes days before the Biden administration plans to unveil its infrastructure proposal.

The savings from the March 19 bond sale will be dedicated to Guam’s tourism recovery efforts as well as debt service.

Senate and House committees are gearing up water infrastructure bills on a bipartisan basis.

States and local governments will soon get guidance on how they can spend $350 billion in funds from the last round of coronavirus relief.

The public notice filed on EMMA is the first report by any issuer in calendar 2021 of any type of IRS audit communication.

Nineteen states recognized delayed payments due to last year's IRS delay in the tax deadline to July 15.

Republican opposition to tax increases supporting an infrastructure bill may hamper the advancement of hoped-for muni tax provisions.

Alan Skelton previously served as state accounting officer for the state of Georgia, a position that is equivalent to state comptroller in other states.

The Municipal Securities Rulemaking Board is requesting comment on requiring more written disclosure from solicitor municipal advisors, which make up just 19% of all MA firms.

Highlights of that aid include $3 billion for K through 12 schools, $308 million for childcare, and $370 million for rental, mortgage, and homeless assistance.

Advocates for state and budget officials say there is enough ambiguity in the legislation to warrant guidance from the Treasury Department.

The legislation is likely to end up as part of a larger infrastructure bill.

The pair of unregistered brokers will pay over $2 million in civil penalties.

Although all of the proposals have some bipartisan support in Congress, the extent of that support remains unclear.

In two municipal bond transactions, Aegis Capital Corp. sold to its customers at prices that were 40% higher than the market rate.

Bank holdings of municipal bonds increased by 9% in 2020 compared to 2019, according to a new Federal Reserve report.

The Securities and Exchange Commission has increased its focus on climate change disclosure in the corporate market.