Southeast

The state Senate on Tuesday gave a green light to the general appropriations act, which now goes into a constitutionally required 72-hour cooling off period before a Friday vote.

Sale of the tax-exempt notes is expected on May 9 and proceeds will support improvements to educational technology in school's statewide.

The Jacksonville office is the firm's first in Florida and 28th location in the United States.

The electric automaker was promised $15 billion of bond proceeds and other incentives to set up shop in Jasper County, Georgia. It can walk away from the state-backed deal up until Monday.

Walt Disney Co. sued Florida Gov. Ron DeSantis, alleging he's threatening billions of dollars in business as retaliation for the company speaking against his policies.

"What are our options? You either pick these banks or you don't. If you don't, business shuts down. We stop building infrastructure," said state Treasurer John Schroder, the bond commission chair.

The Metropolitan Council approved a deal that will bring $1.26 billion of bond funding to the new stadium, replacing a venue that still has outstanding debt.

The Florida Legislature has passed a law that bans the issuance of municipal bonds, such as green bonds that use environmental, social or governance criteria. The bill now heads to Gov. Ron DeSantis for his signature.

The $3.3 billion Transportation Modernization act allows for P3s for roadway development, a first for the state.

"Florida may have the statutory authority to abrogate an agreement, but  what does that say for things going forward?" asks Joseph Krist, publisher of Muni Credit News. "Why couldn't an anti-development administration do the same thing in reverse to somewhere like the Villages?"