Northeast

New York Gov. Andrew Cuomo last week filed legislation that would authorize $80 million of Empire State Development Corp. bonding for the State University of New York system and enable SUNY schools to boost tuition rates during the next five years.

A bill that would reduce the powers of the New Hampshire Rail Transit Authority and strip it of its ability to issue bonds is headed to Gov. John Lynch.

The Massachusetts Port Authority has named chief legal counsel David Mackey as interim chief executive officer and executive director while it conducts a national search to replace Thomas Kinton, who retired June 1.

Connecticut's Treasury Department is looking for investment banking firms to form a new pool of underwriters that will work on general obligation and revenue debt.

Jonathan Ballan, no stranger to public service, was appointed this week to the New York Metropolitan Transportation Authority’s board.

The Massachusetts Port Authority on Wednesday will sell $215 million of special facilities revenue debt, including $156 million of taxable bonds, in a two-tranche offering to help finance the construction of a consolidated rental car facility at Boston’s Logan International Airport.

Connecticut may implement tolls and possibly leverage that revenue stream to help finance a potential $1 billion Route 11 extension project in the southeastern portion of the state.

Rhode Island lawmakers are considering a package of bills related to municipal bankruptcies.

WASHINGTON — The Maryland Transportation Authority is proposing its first statewide toll increases to generate more revenue to back bonds that were issued for two major highway projects and for rehabilitating aging infrastructure.

Massachusetts’ largest public transportation agency Tuesday will leverage future parking revenues through a newly formed nonprofit entity to pay down outstanding debt and provide near-term budget relief.