Southeast

Louisiana will extend its dwindling capital outlay escrow account for another few months with Tuesday's competitive sale of $300 million of state general obligation bonds.

The Internal Revenue Service has told a Florida Congressman that the agency will not be providing guidance on political subdivisions that would affect community development districts in the state.

Richland County, S.C., started paying an extra penny sales tax Wednesday, which will provide $1 billion for transportation projects over the next 22 years.

Lawmakers rejected a $500 million cut in the fiscal 2014 budget measure intended to smooth the plan's passage in the full House.

The Georgia World Congress Center Authority Tuesday approved a contract with 360 Architecture to design a $1 billion stadium for the National Football League's Atlanta Falcons.

Financially strapped Miami has notified bondholders that the Catholic Archdiocese has filed a lawsuit against the city seeking $89 million dollars in damages, plus interest, attorneys' fees, and expenses.

In this final week of legislative session, Florida lawmakers may give final approval to a bill that would authorize Neighborhood Improvement Districts to issue bonds backed by special assessments.

The Jefferson County, Ala., Commission thought it had landed a state Supreme Court justice as a replacement for the recently retired county attorney but the attorney backed out less than a week later.

Fitch Ratings on Tuesday became the third agency to withdraw its rating on $131.2 million of defaulted toll-bridge bonds issued by north Florida's Santa Rosa Bay Bridge Authority.

In the final stretch of Florida's annual session, lawmakers are taking action on a $74.5 billion state budget, bills affecting agencies with bonding authority, and subsidies to finance pro-sports stadium upgrades.