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Lawmakers passed a stopgap $150 million loan fund for hospitals in fiscal distress, and will discuss longer-term solutions as the session progresses.
May 11
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"This is a historic accomplishment — setting new records for the largest single-month revenue and personal income tax collections in state history," said Gov. Jim Justice.
May 11
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Democrats and Republicans each said the other party's position on ESG investing carries additional costs for states.
May 11
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One analyst says the final figure will be closer to the Puerto Rico Oversight Board's estimate than the bondholders'.
May 10
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The CPI numbers coming in pretty much as expected "was a relief" to the markets, with the bond market rallying after the release, said Luke Bartholomew, senior economist at abrdn.
May 10
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Some lawmakers are calling for a more cohesive federal strategy on broadband funding.
May 10
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The Securities and Exchange Commission will be issuing two different rulemaking proposals to address the controversial Financial Data Transparency Act.
May 10
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Washington Gov. Jay Inslee signed legislation Tuesday improving a tax increment financing program created in 2021 that wasn't working as intended.
May 10
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Chicago Mayor-elect Brandon Johnson hopes to make an announcement on the CFO post before taking office Monday.
May 10
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A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.
May 10
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"This recent escalation of the Disney-DeSantis fight is unnerving, but it doesn't make that fight any more consequential for the municipal market," said Justin Marlowe of the University of Chicago.
May 10
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The key question for issuers will be how lawmakers decide which funds are protected and which are open to being rescinded.
May 10
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Many say continued lower rate would threaten U.S. Virgin Islands' financial solvency.
May 9
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Fiscal '24's capital financing program leans on a mix of state and federal debt and over $900 million in bonds.
May 9
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Despite the attraction for new issues, sources said there is still uncertainty overall in the municipal market stemming from the regional banking crisis.
May 9
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The repercussions of the train derailment in Ohio are a rallying cry for regulation.
May 9
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Without a consensual plan, the bankruptcy could be dismissed.
May 9
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The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.
May 9
