Washington

Steven Miller will become acting IRS commissioner after Doug Shulman finishes his five-year term on Nov. 9.

House Appropriations Chair Hal Rogers asked Treasury Secretary Tim Geithner to help eliminate rules requiring municipalities to defease outstanding bonds when selling or leasing their water systems to a private company.

The IRS will soon publish a report about their findings from 300 questionnaires they sent out last year to governmental and 501(c)(3) issuers about their advance-refunding procedures and post-issuance compliance, an agency official told bond lawyers at the NABL conference.

Securities and Exchange Commission officials downplayed the potential for the so-called budget "sequestration" Thursday, but said dealers selling Build America Bonds should inform investors of any potentially risky call provisions.

Moody's Investors Service affirmed the Aa1 rating of King County, Wash. limited tax general obligation bonds and the Aaa rating of its unlimited tax GOs.

Bonds have played a role in financing spaceports.

The District of Columbia's Chief Financial Officer will hand over nearly three years of internal audits and add a disclosure to the district's most recent debt issuance after a request from the Securities and Exchange Commission.

New York residents shoulder the highest state and local tax burdens at 12.8%, the Tax Foundation found in a new study.

Marcy Edwards, senior financial policy advisor to the District of Columbia's chief financial officer, has been named a public board member of the Municipal Securities Rulemaking Board, the MSRB announced Monday.

Seattle and King County leaders voted in favor of a memorandum of understanding to build a pro sports arena in the city's southern downtown area using $200 million of bonds.

Robert Henn, acting director of the Internal Revenue Service's tax-exempt bond office, will retire from the agency at the end of the year.

Jeanine Rodgers Caruso, president of Fiscal Advisors & Marketing Inc., is the new board president of the National Association of Independent Public Finance Advisors

The Securities and Exchange Commission hopes to finalize its definition of municipal advisor early next year, according to the head of the SEC's municipal securities office.

The District of Columbia will sell $900 million of income tax-secured bonds in November, the biggest amongst a rash of deals closing the calendar year.

Slide show of Puerto Rico Public Private Partnerships P3s

Middle-market, fixed-income dealer firms are adding staffers to their compliance divisions, part of an expensive effort to comply with a host of new financial regulations coming from Washington, D.C., some executives said at a meeting here.

Moody’s affirmed its underlying Aaa rating for Bellevue School District, Wash.'s $557 million of general obligation debt.

Washington's revenues collections saw a slight increase in September compared to the state’s June forecast.

Rep. Mike Coffman, R- Colo., has introduced legislation that would allow governmental and 501(c)(3) nonprofit bonds to be refunded a second time so that issuers and borrowers could save money by taking advantage of low interest rates.