GFOA

The case involves as much as $100 billion in state and local sales tax revenue over the next decade, according the e-commerce retailers that are defendants in the lawsuit.

Muni issuance will pick up next year, said George Friedlander, managing partner of Court Street Research Group.

The MSRB said the paper was prompted in part by the tax law's prohibition on advance refundings and the fact that interest rate swap rules intersect with the board's rules for municipal advisors.

Some states don't remit all of the sales tax funds that are due to local governments from e-commerce retailers.

A sweeping bank regulatory bill under debate in the Senate is very close to achieving something the muni market has been fighting for since 2014: the inclusion of municipal bonds as high-quality liquid assets.

NABL favors shortening to seven from 14 days the advance notice requirement for a public hearing about the issuance of PABs.

The firm announced a $10 million investment and landed California, the muni market's largest issuer, as a client.

Market participants want the Municipal Securities Rulemaking Board's compliance guidance to be clear and within the scope of its authority.

The Consumer Financial Choice and Capital Markets Protection Act of 2017 would modify 2014 regulations in a way that would benefit municipal bonds and state and local governments.

Banks often demand key terms of private placement documents be redacted when issuers want to disclose them and questions of materiality arise.