News and Information from Bond Buyer

State pension changes cleared an Illinois House committee Tuesday but their fate is uncertain.

The municipal bond market is set to see more volume come their way on Wednesday, led by a large sale from the District of Columbia.

California’s Chamber of Commerce wants further court review of the state’s cap-and-trade auction.

The Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds for sale the week of May 22.

Issuers, dealers want SEC to rethink its event notice disclosure proposal; investor groups support it

S&P Global Ratings says stock market gains will boost California revenues in fiscal 2018.

Municipal bonds ended stronger on Tuesday as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation refunding bonds.

The New York City Municipal Water Finance Authority named Olga Chernat as its executive director. A chartered financial analyst who previously served NYW as treasurer and deputy treasurer, Chernat will start in her new position on Wednesday, the authority said.

The Indiana's school bond intercept program's AA-plus rating was affirmed after legislative tweaks.

Kansas City International’s three terminals would be replaced by a new $1 billion P3 facility.

RBC Capital Markets hired David Utz, formerly of Goldman Sachs, as its managing director and head of its U.S. infrastructure team.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

The June Federal Open Market Committee meeting should be live, Federal Reserve Bank of Philadelphia President Patrick Harker said.

California's state controller wants a new governance policy for the state Board of Equalization.

California's senior senator vowed to oppose DOT nominees until Caltrain funding is released.

A New Jersey state senator introduced legislation to legalize and tax recreational marijuana.

Authority says moves are part of a plan to improve service.

Municipal bonds were stronger at mid-session, according to traders, as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation bonds.

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.695% high yield, a price of 99.945944.

Michael Decker, co-head of the municipal securities division for the Securities Industry and Financial Markets Association, talks about the recommendations a SIFMA task force has made to administration officials and members of Congress on how to fund the nation’s massive infrastructure needs. Hosted by Lynn Hume.