Washington

Gas prices fell in four of the six states with gasoline tax increases taking effect July 1, survey finds.

John Hoeven, a Republican Senator and former governor of North Dakota, is keeping states' needs in mind with his bill to create Move America Bonds.

The District of Columbia and several authorities serving the Washington metropolitan area will host a conference for institutional investors in September, city officials said Monday.

Virginia will recoup $149 million of the more than $280 million the state spent on a cancelled $1.4 billion toll road P3.

Washington State's compromise 16-year, $16 billion transportation plan includes gasoline tax increase and $5.3 billion of state GO bonds.

Washington Gov. Jay Inslee has signed a state budget into law, avoiding a government shutdown and appropriating money to pay the state's bond debts.

Gasoline taxes go up July 1 in six states to fund local highway projects while federal gasoline tax remains at 1993 level.

Reps. Randy Hultgren, R-Ill., and Richard Neal, D- Mass., have introduced legislation that would increase the number of projects that could be financed by qualified small issue manufacturing bonds.

States are making plans for another short-term extension or a possible cutoff of federal transportation funding on July 31.

The Senate Finance Committee's tax reform working groups will not be submitting reports to the committee's leaders by the end of the month, as had been expected.

The Government Finance Officers Association is calling for changes in the Municipal Securities Rulemaking Board's core conduct rule for municipal advisors to reduce the costs and burdens for issuers.

Municipal securities dealers are worried that their participation in the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative could cause them problems with multiple regulators, and have asked the SEC for reassurance that their businesses will not be impeded because they chose to report under the MCDC.

This week to see first House and Senate committee hearings in five years on sustainable options for the Highway Trust Fund.

Sponsors say a newly introduced measure to slash the federal gasoline tax would give the states flexibility in transportation funding.

A federal judge denied requests by two Florida counties seeking to block the issuance of $1.75 billion in private activity bonds for a private passenger train project.

The Long Beach Community College District in California has paid the Internal Revenue Service about $1.01 million to settle tax issues concerning its $48.37 million general obligation bond issue from 2008.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

Moody's Investors Service downgrades to Ba2 from Baa3 $290 million Howard University revenue bonds, Series 2011 A and 2011 B issued by the District of Columbia.

A federal appeals court denied the appeals of a trio of convicted bid-riggers Thursday in a ruling that could have lasting effects for future fraudsters.