Florida Development Finance Corp.

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

Two Florida counties contend that environmental laws were violated when federal agencies allocated private activity bonds for the All Aboard Florida project.

A think tank supporting an intercity passenger train project in Florida condemned threatened lawsuits it says could delay the Brightline system.

The deaths of people who ignored railroad crossing warning lights and barriers triggered new calls for state and federal regulators to strengthen railroad safety laws.

The USDOT's approval of the allocation triggered threats from opponents that legal action will be taken.

Approval of the tax reform bill led the Florida Development Finance Corp. to cancel its Monday meeting to approve a deal for the train project.

Concerned about the tax bill before Congress, the private passenger train owners want to issue bonds by Dec. 31.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

After a busy week, the muni market is preparing for one of the biggest weeks in history, with an estimated $17.4 billion deals.