GFOA

MSRB board members and staff are slated to participate in eight events between next month and May.

The MSRB is hoping to help the market comply with the soon-to be-effective disclosure rule amendments.

The government shutdown limits the SEC's ability to answer issuers' questions on continuing disclosure requirements that take effect Feb. 27.

Emily Brock, director of GFOA’s federal liaison center, said restoration of advance refundings and increasing the limit on bank qualified debt to $30 million also are among the legislative priorities for 2019.

Rep. Richard Neal, D-Mass., has pledged to ask mayors, governors and other municipal market advocates to testify at hearings early in 2019.

Massachusetts Democrat Richard Neal, friendly to the muni market, is likely to chair the critical Ways and Means Committee.

Democrats could attempt to revive Build America Bonds as part of a bipartisan infrastructure bill following their House victory.

Most state and local governments are concerned the ceiling will make it harder to raise taxes to pay for public services and infrastructure.

GASB is accepting comments through Nov. 2 on its proposal to clarify the definition of a conduit debt obligation.

House Republicans want to make permanent the $10,000 cap on state and local tax deductions and the lower tax rates for individuals, both of which are due to expire at the end of 2025.

Passage of tax legislation in the Senate would require a 60-vote supermajority because the legislation would add to the already burgeoning federal deficit.

States would be barred from starting to require the collection and remittance sales taxes from online vendors located out of state until next year under a bill introduced by two Republicans in the Senate.

The top executives of FINRA, the MSRB, and some industry groups received total compensation of more than $1 million, The Bond Buyer’s latest survey of compensation levels at 23 municipal market-related groups shows.

The Employees' Retirement System of Rhode Island received the highest form of recognition from GFOA for its 2017 CAFR.

The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.

Muni market groups claimed victory after federal banking regulators moved to treat munis like all other types of Level 2B HQLA.

A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”

Underwriters and issuers agree that G-17 disclosures have become boilerplate and excessive, but diverge on whether a complete opt-out should be allowed.

Tax Reform 2.0 would make permanent the lower individual tax rates in last year’s Tax Cuts and Jobs Act that are scheduled to expire in 2025.

Changes the Federal Reserve Board made in 2016 to its Liquidity Coverage Ratio rules would treat munis more restrictively than other, similar Level 2B high quality liquid assets.