Southeast

Insurance Commissioner Jim Donelon sees no need for the state's insurer of last resort to sell $100 million of assessment bonds.

Louisiana Bond Commission to pick underwriters and bond counsel for $173 million refunding of highway revenue bonds.

A bill strengthening financial reporting requirements for Kentucky's 1,200 special taxing districts is headed to the desk of Gov. Steve Beshear.

The Florida Senate's Gaming Committee on Monday unanimously passed a bill that bans Internet cafes by clarifying current gaming laws concerning slot machines, charitable drawings, game promotions, and amusement games. A similar measure is being considered in the House.

The Florida Cabinet Tuesday authorized the issuance of up to $490 million of turnpike refunding bonds to lower interest rates within existing maturities.

Vero Beach, Fla., voters want the city's electric system sold to investor-owned FPL, but the deal faces regulatory reviews and the city must resolve its bond-related obligations to the Florida Municipal Power Agency.

The Atlanta City Council approved $200 million of municipal bonds to support the construction of a nearly $1 billion stadium for the National Football League's Atlanta Falcons.

The Securities and Exchange Commission has asked a federal court in Birmingham, Ala., to set a trial date for two former JPMorgan bankers facing charges related to bankrupt Jefferson County's defaulted sewer deals.

Gov. Bobby Jindal proposed a $3.6 billion plan to raise the Louisiana sales tax to pay for elimination of the state income tax.

While Central Falls, RI, and Pittsburgh see light at the end of their tunnels, other tales of municipal distress from Harrisburg to California are much messier.