Subject Root Tag

The Senate’s vote to approve its tax bill means advance refundings are all but dead. The future of private-activity bonds hangs in the balance as the differences with the House’s version are resolved.

Senate Republicans narrowly approved the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans.

As lawmakers worked over the details of tax tax legislation, municipal market participants prepared to embark on what may be a record-setting week for issuance.

Both the House and Senate bills would end Puerto Rico’s status as an offshore tax haven.

Navnoor Kang, the former director of fixed income for the New York State Common Retirement Fund, has pleaded guilty to criminal fraud charges.

The state increased the size of the deals by 70%, with its bond finance director citing plans by "the clowns in D.C." to outlaw advance refundings.

Economic development leaders on Wednesday cleared a major final hurdle for the development of Glacier Rail Park when the Flathead County commissioners unanimously approved a resolution for port authority revenue bonds needed to finance the relocation of CHS to the rail park.

The county says it's closer to an agreement to build a criminal justice center at new location.

The West Ada School District board of trustees has approved resolutions to ask voters to approve a $95 million bond — which includes about $60 million for a new high school — and a two-year supplemental levy of $14 million per year.

The California Infrastructure and Economic Development Bank approved $321 million in nonprofit conduit sales this week.

The former mayor of Markham, Ill., solicited and received a $75,000 bribe from a contractor in return for giving him work on a bond-financed project.

The Central Florida Expressway Authority says its deal pricing Tuesday could be up to $347 million.

After a busy week, the muni market is preparing for one of the biggest weeks in history, with an estimated $17.4 billion deals.

Long perceived as clunky and stagnant, the Massachusetts Bay Transportation Authority is recrafting itself under control board oversight.

The author is deeply concerned the House bill would eliminate the tax exemption for private activity bonds and that both bills would eliminate the advance refunding of municipal bonds.

New York Mayor Bill de Blasio named Dean Fuleihan first deputy mayor and Melanie Hartzog as budget chief.

After a busy week, and some clarity on tax reform, market participants are gearing up for the biggest volume week in some time, as issuers are getting advance refundings in while they still can.

Construction spending was up 1.4% in October, well above expectations, fueled by a 3.9% jump in public construction.

The overall economy grew for the 102nd straight time, the Institute for Supply Management reported Wednesday. Suppliers reported strength in sales.

As President Donald Trump fills the Federal Reserve Board with his nominations, Wall Street economists are busy trying to classify newcomers as inflation-fighting hawks or easy-policy doves. His latest pick might be tough to pin down.