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As the program inches through the federal appropriation process, Texas lawmakers have allocated state funds and created a five-county district with taxing power.

Current interest rates offer arbitrage opportunities and challenges to bond issuers.

Panelists at this year's GFOA Minimuni Conference remarked on how difficult an environment it is for issuers and why recognizing this is essential for voluntary disclosure.

Despite the sticker shock of rising rates, yields in fact are at average levels for over the last 30 years, panelists said at the GFOA's MiniMuni conference.

Mitigation efforts can't always prevent a ratings drop.

Officials from the Governmental Accounting Standards Board said that adhering to the Financial Data Transparency Act may make things more complicated.

A rising number of states levy a tax or fee on electric vehicles, but a new Senate bill would enact the first federal tax.

At stake is nearly $800 million in Federal Transit Administration funds.

Public finance advocates are examining House speaker candidates to see which ones have local and state experience.

Without admitting or denying the findings, Luther Speight and his firm Luther Speight and Company agreed to pay civil penalties of $20,000 and $10,000, respectively.

A compromise over the weekend resulted in a continuing resolution, keeping federal money flowing to states and localities.

The Municipal Securities Rulemaking Board's FY 2024 budget represents a 4.8% increase over the prior fiscal year.

The Amtrak-Texas Central proposal to build high-speed rail between Dallas and Houston would take land "from American citizens and put it under the control of a Japanese company," a pair of Texas Republican representatives told the FRA.

The draft amendments seek to retire 40 pieces of interpretive guidance related to interdealer confirmations.

The Municipal Securities Rulemaking Board heads into its new fiscal year focused on market regulation, improving data for the muni market, and updating its EMMA technology platform.

"The major question is whether a shutdown is going to result in a ratings impact in the municipal market, and the answer here is no," said Jennifer Johnston, director of research for Franklin Templeton's fixed income-municipal bond team.

The House Financial Services Committee grilled SEC chief Gary Gensler Wednesday.

Republican-led states sued over the rule, arguing in part that it would injure states like Wyoming that depend on tax revenue from fossil fuel industries.

The firm, without admitting or denying the findings, agreed to pay a $60,000 civil penalty.

California Gov. Gavin Newsom said the $202 million grant signals the Biden administration's commitment to "clean, electrified high-speed rail into the heart of some of the largest and fastest growing cities in California."