News and Information from Bond Buyer

Citi was barred from underwriting government bonds in Texas under a state law prohibiting contracts with companies that "discriminate" against the firearms industry.

Inflows returned as Lipper reported $775.006 million was added to municipal bond mutual funds in the week ended Wednesday after $361.649 million of outflows the week prior.

Michigan would funnel $200 million more into its rainy day fund and establish a new school budget stabilization fund under Gov. Gretchen Whitmer's proposal.

Connecticut residents would get an income tax cut and increased spending in education and workforce training under Ned Lamont's spending package.

U.S. Virgin Islands Gov. Albert Bryan Jr. also voiced concern about the EPA closure of an oil refinery in St. Croix.

The issue is important to lawmakers in high-tax states, and is also important to municipal issuers in those places who have said the cap infringes on their fiancial sovereignty.

The proposed Rule G-46 seeks to clarify certain rules specific to solicitor municipal advisors, a very specific group of professionals.

"I think ESG is here to stay in our market. I think it's a natural fit with the types of infrastructure that our market finances," said MSRB CEO Mark Kim.

A California conduit will price private activity bonds to replace the intakes for a San Diego County water desalination plant.

Public school districts faced $1.38 billion in spending cuts next month due to a constitutional cap on expenditures.

New legislation on the high priority is on its way.

Although there is some volatility in the municipal market, the landscape is in good shape, according to Cooper Howard, fixed income strategist at Charles Schwab.

Milwaukee could see relief from pressures that have dragged down its ratings if Gov. Tony Evers' proposals — to raise shared revenues and allow local governments to seek voter approval for a sales tax hike — clear legislative hurdles.

San Francisco is one of a handful of Bay Area cities to meet a state deadline to deliver a blueprint to manage the housing crisis by permitting many new homes.

Photos from The Bond Buyer's annual National Outlook Conference.

The Securities and Exchange Commission's examination priorities for the year include big ticket items like Regulation Best Interest.

Translating bipartisan support for infrastructure funding into support for long-term financing is a key lobbying goal for the municipal bond market.

Auburn University in Alabama is one of many schools and companies doing out research supported by the Biden administration to pursue commercial-grade fusion.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

States are dealing with budget surpluses with taxpayer rebates, infrastructure projects and debt service.