Washington DC

During the kickoff for the United for Infrastructure week, Sen. John Barrasso, R-Wyo., said he supported a one -year extension of current federal surface transportation funding.

The action shows the SEC's focus on the often risky charter school sector.

Sources say lawmakers want to know why the Municipal Liquidity Facility has only been used by two issuers.

Guam Gov. Lourdes Leon Guerrero told lawmakers she wants the island territory to be eligible for the Fed’s Municipal Liquidity Facility.

The so-called “skinny bill” proposed by Senate Republicans failed to advance Thursday in a 52 to 47 vote that fell short of the 60-vote supermajority needed to break a filibuster.

Currently, the maximum maturity period for bonds under the MLF is 36 months, up from 24 months when the program was first created in April.

Groups say a year-long extension of the current surface transportation law would bolster market certainty in 2021.

The House and Senate have not agreed to any of the 12 spending bills that fund various federal agencies, nor have they agreed on the reauthorization of the Highway Trust Fund.

Regulators found Stifel effected 56 pairs of pre-arranged transactions and the firm did not have a supervisory system reasonably designed to catch that activity.

The paper filing requirement for Form 8038-CP was a particular problem early in the pandemic because IRS paper processing centers were shut down from mid-March until sometime in June.

Briefs from the U.S. Department of Transportation and the passenger railroad argue that private activity bonds for the Florida project were allocated correctly.

Neal, the most influential advocate for tax-advantaged bonds in Congress, is assured re-election because Republicans are not fielding a candidate in November.

Both the American Association of State Highway and Transportation Officials and the American Road and Transportation Builders Association among other groups plan to ask Congress to extend existing highway funding for a year.

Rep. Richard Neal was the lead architect of the muni-friendly provisions in the Moving Forward Act which passed the House in July.

Polling shows President Trump is currently the underdog in nine out of 11 battleground states.

One example of the growth of the industry is the nearly tenfold increase in Colorado’s marijuana tax revenue to $250.7 million in 2018 from $25.3 million in 2014.

Without how long the pandemic will last, but knowing revenues will fall, county officials are forced to figure out ways to save money.

At a feisty board meeting, officials rolled out draconian scenarios of service cuts and fare and toll hikes should Washington help not materialize.

States are currently projecting revenue declines of 12% to as high as 40% in the current fiscal year.

A Government Finance Officers Association-led working group put out recommendations this week on timely and pandemic-related disclosure.