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A strong economy has resulted in more success for tolled managed lanes than many skeptics anticipated.
June 14
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The agreement “would increase prices by up to 21%” and it’s “highly unlikely PREPA will be able to completely offset the legacy debt charges,” resulting in “considerably higher electricity rates for decades to come,” said the letter signed by four senators and 32 House members.
June 13
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Municipal issuers are benefiting from lower interest rates and investor demand that seem at least partly driven by the nearly constant talk of tariffs and trade wars.
June 13
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State governments generally are better prepared for an economic downtown than at any other time since the National Association of State Budget Officers began keeping records in 1988.
June 13
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The judge ruled for Peter Cannava, who had denied wrongdoing even after Wells Fargo and other defendants settled charges.
June 12
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The limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year, the Treasury Inspector General for Tax Administration reported in February.
June 12
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States struggle to reap the full benefits of the multibillion-dollar legal marijuana industry becuase of conflicts with federal law.
June 11
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Under the bill, if more than 65% of carbon dioxide emissions from a given facility are captured and injected underground, then 100% of the eligible equipment can be financed with PABs.
June 11
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The association filed a court brief supporting Indian River County’s appeal of private activity bonds for the privately owned passenger train project.
June 10
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The Securities and Exchange Commission agreed to settle with Oyster Bay, New York, and are awaiting a district court judge's approval.
June 10
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In a Friday letter, NABL has only four suggestions for the IRS 2020 priority guidance plan on regulatory issues involving the tax-exempt bond industry, half as many as it did a year ago.
June 7
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The Environmental Protection Agency awarded brownfields grants to clean up sites with hazardous substances.
June 6
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The new money ordered Wednesday comes from the SEC’s settlement with Brogdon Family LLC (BFLLC), a separate legal entity controlled by the former nursing home developer.
June 6
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On Wednesday, the SEC approved the final rule 3-1, with Commissioner Robert Jackson voting against the rule.
June 5
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About half of the multifamily housing units built nationally that use the federal 4% Low Income Housing Tax Credit are financed with tax-exempt PABs.
June 5
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The commonwealth overall has been allocated $42.3 billion in disaster aid since Hurricanes Maria and Irma struck the island, not counting the new funding approved by Congress.
June 4
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Abonamah will oversee the municipal securities office's strategic initiatives in his new role.
June 4
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The disaster-aid measure was delayed for about six months amid Trump’s objections to additional aid for Puerto Rico.
June 4
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In late May, the MSRB enhanced its search functionality on its Electronic Municipal Market Access site (EMMA) by implementing an algorithm that allows for predictive searching.
June 3
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The amended lawsuit references inside sources who allegedly confirm that the banks worked together in violation of antitrust law.
June 3
