Washington DC

House Democrats want restoration of Build America Bonds and advance refunding for municipal bonds to be key parts of their infrastructure plan.

Since the Great Recession, many states have almost doubled their reserve levels.

The $760 billion, 5-year plan also calls for expanding qualified private activity bonds, reinstating tax credit bonds, and more bond-friendly provisions.

Bond Dealers of America sent the SEC a long list of requests to limit municipal advisors' roles in private placements.

Members of GFOA’s Debt Committee agreed Monday to form a working committee that will publicize the issues involved in the transition among the organization’s more than 21,000 members.

Municipal bond issuers say investors, analysts and regulators should narrow down the information they are looking for in their push for more disclosure.

The board is considering whether it should allow dealer-affiliated municipal advisors to count towards the MA board seat requirement on a smaller board.

The Financial Accounting Foundation stirred controversy among public finance groups earlier this month when it indicated the next GASB chairman will not have government service as part of his background.

The Municipal Securities Rulemaking Board on Monday detailed plans to reduce its board size and alter its composition.

House Transportation and Infrastructure Committee Chairman Peter DeFazio plans to introduce an outline for proposed national infrastructure legislation as early as Tuesday.

The Securities and Exchange Commission will discuss voluntary disclosure and buy-side perspectives among other topics in March.

Los Angeles Mayor Eric Garcetti said he "would like to see at least a couple of hundred billion dollars of new federal bonds."

The Securities and Exchange Commission wll work with the market to change secondary disclosure habits without a mandate, issuers and analysts said.

Its top goal is to increase to $30 million the size of bank-qualified tax-exempt bond issues that can be sold to banks under favorable terms.

Only $14.9 billion has been disbursed out of the $48.35 billion allocated by Congress since Hurricane Maria.

Sources say Hopper has considerable experience with municipal securities in her many years at the Financial Industry Regulatory Authority.

Nicole Byrd, a senior investment professional at Nationwide Mutual Insurance, will be the National Federation of Municipal Analysts chair for the next year.

The proceeds of the bonds were used for the construction of a 232,100 square foot residential facility with 108 living units located on the main campus of an existing facility in Dallas known as The Overlook.

Buy side analysts are skeptical about broker-dealer concerns that the order could greatly expand the private placement market.

Airports Council International – North America estimates airports need $100 billion in infrastructure through 2023.