State of Texas

A federal court decision enjoins the state from enforcing a 2021 law that penalizes investment banks and others for "boycotting" the fossil fuel industry.

Jeff Swiatek joins as CFO as the Texas toll road is looking to invest in the Austin-San Antonio corridor.

Bond sales by Texas issuers rose 21% to $82.52 billion, putting the state in second place behind California and well ahead of third-place New York.

The state comptroller's office purchased about $5 million of shares in a bitcoin exchange traded fund last month for a newly created strategic reserve.

Race and sex-based preferences were removed from the state's Historically Underutilized Business program, which will focus exclusively on veteran-owned firms.

The Kerrville Public Utility Board Public Facility Corp.'s bond sale and acquisition of a state loan for the project is a tale of perseverance.

A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

Federal immigration and trade policies are a likely factor in the triple-A-rated state's weak job growth and pose risks for its southern border cities' budgets.

The school system, which has an AA underlying bond rating from S&P, was targeted by the Texas Education Agency for a takeover based on academic performance.

The city of La Marque is taking steps to stabilize its shaky finances after a short-lived debt service payment default and a bond rating downgrade.

Two triple-A bond deals from the Lone Star State to finance water-related projects are scheduled to price this week in the municipal market.

A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.

Differences between the Senate and House versions of the bill, which targeted cities and counties, could not be resolved.

Big changes made by the House to a high-priority bill targeting cities and counties were rejected by the Senate, sending the measure to a conference committee.

The measure would lower the percentage increase in property tax revenue larger cities and counties can tap for operations without seeking voter approval.

Legislation that would put a tighter limit on property tax increases for larger cities and counties advanced out of a Senate committee on Friday.

Kelly Hancock resigned his state senate seat and assumed a position that will make him acting comptroller after current Comptroller Glenn Hegar leaves office.

The city, which faces a budget shortfall, would receive the lesser of 30% or $80 million of Harris County Toll Road Authority surplus toll revenue.

Issuers in Texas are wary of potential changes at the federal and state level that could impact their finances and ability to sell debt.

Moody's is the latest rating agency to warn about a budget squeeze for Texas schools, which have been prolific issuers of voter-approved bonds in recent years.