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Two major pieces of President Joe Biden's domestic agenda, which carry implications for the municipal bond market, advanced in the House Friday.
November 6 -
The municipal bond market is closely watching proposals from the House and the Senate to overhaul the SALT federal deduction cap.
November 4 -
Key institutional players like banks and insurance companies may have less incentive to buy tax-exempt munis if the provision becomes law.
October 29 -
The lack of inclusion of the muni market's priorities in the reconciliation framework sends a strong signal they're unlikely to be included in the final legislation.
October 28 -
State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.
June 25 -
President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda.
June 24 -
The California treasurer also suggests adding flexibility to federal rail grants ,which are typically reserved for government projects, to include jointly undertaken public-private partnerships.
June 7 -
If Congress does not act on the island’s Medicaid funding by the end of September, the funding shortfall would force officials to drop an estimated 800,000 people from the rolls.
June 3 -
The administration also wants to enhance the Low-Income Housing Tax Credit that is often used for bond-financed multifamily housing projects.
May 28 -
U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley described the proposal as “a good faith offer and a significant step in the right direction.”
May 27