The Virginia General Assembly is weighing legislation that will require more disclosure from local issuers on the bonds they issue. It also is considering the authorization of almost $4 billion of general obligation bonds for transportation projects.

One bill introduced in the House of Delegates would provide more information to citizens about the total cost of bond issuance they vote on, while a separate bill requires municipalities to include more information about their outstanding debt in their budgets.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.