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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
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The decision to release the plan signals a resolve on the part of at least some lawmakers to prioritize infrastructure legislation even though President Trump recently announced he won’t work with top congressional Democrats as long as he’s under investigation by them.
May 31
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The rule will take effect 30 days after publication in the Federal Register, which usually takes about three business days.
May 31
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State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.
May 30
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GASB Statement 91 calls for conduit issuers to stop reporting conduit debt in their financial statements and to report all of it in their accompanying notes starting Dec. 15, 2020.
May 29
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Some stakeholders say the CUSIP requirement for MAs is needed, while other say it is burdensome.
May 28
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The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.
May 28 -
Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.
May 23
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J.W. Korth & Co. was found to have charged excessive markups in 38 sales of municipal securities.
May 23
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The new guidance issued Wednesday under Notice 2019-39 covers, among other things, Tribal Economic Development Bonds and direct-pay Build America Bonds.
May 23
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Municipal market participants are increasingly skeptical that an infrastructure bill will pass this year.
May 22
