Washington

Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.

Comprehensive or targeted reform of the federal tax code could significantly impact the revenues of most states, The Pew Charitable Trusts found in a report released Wednesday.

Oppenheimer & Co., WFG Investments, and E*TRADE were three of seven firms that the Financial Industry Regulatory Authority fined a total of $412,500 for trading municipal securities below the minimum denomination.

State lawmakers are looking at gas tax hikes and other proposals to increase funding for local transportation projects.

Lisa Washburn, a managing director with Municipal Market Analytics, is the new chair of the National Federation of Municipal Analysts.

Interstate tolling is one way to make federal transportation funding more productive, CBO says.

Standard & Poor's revised its outlook on King County, Wash.'s existing debt to negative from stable.

Federal airport grants would increase while the passenger facility charge would stay at its current level under a proposed six-year reauthorization of the Federal Aviation Administration approved late Wednesday by the House Transportation & Infrastructure Committee.

Washington State sold $321.6 million of various purpose general obligation bonds and $200.5 million of motor vehicle fuel tax general obligation bonds in competitive sales Tuesday, touting the success it achieved in "volatile" market conditions.

The Internal Revenue Service has dropped its audit of Alaska student loan bonds after concluding there were no tax violations warranting any change to the tax-exempt status of the bonds.

General Services Administration is looking for partners to build a new FBI building in exchange for current headquarters.

The Washington Metropolitan Area Transit Authority’s chief financial officer on Thursday contradicted press reports that the authority may have to have discussions with its bondholders to ease its debt.

Municipal market participants on a panel here Tuesday said continuing disclosure is improving and credited the SEC's voluntary enforcement initiative with giving it a boost. They also had positive things to say about federal oversight and rules for non-dealer municipal advisors.

Pennsylvania road revenues will over the next 12 years will be $6 billion shy of the $34 billion needed for its long-range plan.

The federal government has approved financial assistance to Washington localities damaged by a storm system in December.

The Securities and Exchange Commission today charged 14 municipal underwriting firms for violations in municipal bond offerings under its voluntary Municipalities Continuing Disclosure Cooperation Initiative.

Registration has begun for the Securities and Exchange Commission and the Financial Industry Regulatory Authority's (FINRA) 2016 Regional Compliance Outreach Programs for Broker-Dealers that will take place in New York, Atlanta, Dallas, Boston, Chicago, and San Francisco.

California city attorneys who also provide bond counsel services may not be paid based on a percentage of a city's bond issuances, according to a formal opinion from the office of California Attorney General Kamala Harris.

Voters in Portland, Ore., will decide May 17 on the city's proposed four-year, 10 cent per gallon gasoline tax.