Southeast

The Virginia Port Authority Tuesday declined proposals to operate as a public-private partnership after it received an unsolicited P3 proposal.

Louisiana Gov. Bobby Jindal said there is no need for a statewide vote on his plan to raise the state sales tax and eliminate the income tax.

Standard & Poor's Monday revised the outlook to stable from negative on Osceola County, Fla.'s general obligation bonds.

Alabama Rep. John Rogers, D-Birmingham said he will sponsor legislation to re-institute an occupational tax for bankrupt Jefferson County.

Moody's said that $2.7 billion of bonds issued by the Municipal Electric Authority of Georgia could be downgraded if costs and delays on the Vogtle nuclear plant escalate beyond those known so far.

The Virginia attorney general's office has issued an opinion that a sweeping new transportation law passed by the legislature last month violates the state constitution.

Sequestration and the reduction of Build America Bond subsidy payments took center stage as several prominent Virginia issuers came together to discuss their situations with investors Friday.

Florida's Santa Rosa Bay Bridge Authority has scheduled a meeting April 10 but a resolution to the agency's ongoing default on $131.2 million of bonds is not expected to be on the agenda.

Louisiana State Bond Commission wants more options before deciding on $100 million of bonds to bolster reserves for state-owned Louisiana Citizens Property Insurance Corp.

Moody's Investors Service downgraded the rating on bonds sold for Wake Forest Baptist, N.C., to A1 from Aa3 on Wednesday citing an unexpected decline in financial performance. The action affects $597.2 million of outstanding bonds.