News and Information from Bond Buyer

A bill to let money market mutual funds use a stable net asset value is back on the table with the support of muni issuers.

D.A. Davidson will expand its presence in Oklahoma and Texas with the acquisition of Wells Nelson.

The Fed is now estimating household ownership of munis at market value instead of book or face value and has restated historical ownership.

The $11 million in tax exempt bonds that financed the construction of the K through 6 school are being paid off by the owner of the apartment building developed on part of the 1.67-acre site.

New Jersey Gov. Phil Murphy and a coalition of state lawmakers agreed to legalize recreational marijuana in a package that sets out tax rates.

The Bond Dealers of America pushed for legislative support of the muni market during a Capitol Hill briefing Tuesday.

Personal income tax receipts came in 56.6% under the February forecast made in the governor's recent budget proposal.

Bond Buyer Northeast Regional Editor Paul Burton explores the state's hot-button issues including pension liability and tolling. Chip Barnett hosts.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

Long-time muni lobbyist Michael Decker talks to the Bond Buyer about his next steps and the challenges facing the muni market.

The initiative by New York City Comptroller Scott Stringer and the pension fund trustees raises the assets committed through the program above $1.5 billion.

Jim Kenney says his plan will boost the city’s pension and reserve levels while avoiding any tax increases.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

Municipal CUSIP requests rose 16.7% in February, signaling possible growth in bond supply.

The fate of three coal-fired power plants located either in or near the Navajo Nation is murky as utilities seek cheaper, cleaner generation.

Trump proposed $8.5 billion in cuts to the Department of Education and another $8.6 billion to the Department of Housing and Urban Development which would bring financial upheaval to school district budgets and public housing authorities.

The groups believe the MSRB cast too wide a net to non-syndicate dealers in its January draft guidance.

Moody's views the ruling positively, but S&P says the court sidestepped the main issue.

Academy Securities has hired muni vet Bill Laverty as managing director and head of its municipal underwriting department.