State of Texas

State lawmakers passed bills aimed at the city's home-rule powers and a union contract impasse, as well as funding for a convention center expansion.

Easing drought conditions are not stopping states from restricting water use and investing in future supplies.

Lawmakers will be called back into session after Gov. Greg Abbott vetoed a bill for having too many loopholes.

Community colleges will be rewarded based on results that align with regional and state education and workforce needs.

Austin planned to use property taxes approved by voters in 2020 to pay off bonds for the project.

UBS will compensate a Texas school district, which was forced to resell bonds after the state attorney general rejected the investment bank's contract to purchase the debt.

A proposed IRS regulation boosts the amount of bonds that can be guaranteed by nearly 86% to about $218 billion.

Participants in the Texas municipal market raised concerns over bills that would constrain debt issuance.

After falling to just $26.6 million in December, state officials lowered the program's reserves effective March 1 to boost capacity.

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The school district's AA-plus rating is supported by strong reserves and Houston's economic strength, S&P Global Ratings analysts said.

A $3.52 billion Texas Natural Gas Securitization Finance Corp. deal includes a make-whole redemption over three years to call bonds if the state appropriates funds to pay them off.

Gov. Greg Abbott used his State of the State address to fast track his priorities for the legislative session and drop a hint about an upcoming $100 billion transportation infrastructure plan.

A reduction in the program's reserves and February debt payments and maturities of outstanding guaranteed bonds will increase capacity by $7 billion to $9 billion.

Todd Russ, who took office Jan. 9, is vetting banks and financial institutions to determine if they are 'boycotting' Oklahoma's fossil fuel industry.

Energy production taxes slowed or fell last month, with the oil tax generating $486 million, which was 14% higher than in January 2022, and natural gas tax revenue falling 13% at $322 million.

A number of states are taking aim at tax reductions, though some experts view the move as misguided policy.

Biennial budget bills filed by the Texas House and Senate include $15 billion in property tax cuts amid a projected $32.7 billion surplus.

The Texas attorney general's office determined a Citigroup commercial firearms policy does not comply with a 2021 state law prohibiting state and local government contracts with companies that discriminate against the firearms industry.

With the Permanent University Fund only benefitting the two biggest public universities in Texas, the state legislature will consider creating an endowment for other higher education institutions.