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PABs represented 25.4% of all tax-exempt bonds issued in 2017, up from 21.5% in 2016.

A sticking point for dealers is the MSRB's proposal to reserve two seats on its board for municipal advisors.

States that are projecting fiscal 2021 revenue declines of more than 15% include California, Colorado, New Jersey, New Mexico, Oklahoma, and Vermont.

The MSRB is seeking to reduce the size of its board to 15 members and to extend the "cooling off" period for bankers and muni advisors seeking seats as members of the public.

The SEC has asked for more timely, voluntary disclosure from issuers of municipal bonds.

Lawmakers stressed the importance to invest in infrastructure as a way for the country to recover from the pandemic.

Public pension plans already received their 2020 funding by the time that the initial economic shock wave of the pandemic occurred.

Public finance groups expressed hope the bill’s introduction will pave the way for consideration of municipal bond provisions.

All U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the Municipal Liquidity Facility program regardless of population.

Illinois did not use its maximum amount of notes in the Fed program which could mean a possible expansion of eligibility for the muni program.

The monthly drop collectively topped $60 billion.

State and local governments have increasingly filed COVID-19-related disclosures to the market, but only about 931 issuers out of roughly 40,000 have filed over 1,500 material event notices and continuing disclosures since the pandemic began.

Greater pre-trade transparency has been a long-standing Securities and Exchange Commission goal.

The high court unanimously ruled the Oversight Board members do not need to be confirmed by the U.S. Senate under the Constitution’s Appointments Clause.

The Financial Stability Board issued a statement April 2 affirming that it is sticking with plans to transition away from Libor by the end of 2021.

Borrowing may not be the best way to replace revenue losses unless municipalities have good reason and the debt capacity to do so, former state officials said.

Issuers say the Treasury's intent was to open up COVID-19 funds for public safety costs.

GASB has announced that the requirement for the use of GASB 87 standard for lease accounting has been pushed back to fiscal years beginning June 15, 2021.

An injunction was issued against U.S. Immigration and Customs Enforcement, which could impact a prison's facility's revenue bonds.

GFOA considers a minimum baseline level of reserves to be 16%.