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The bill from Chuck Grassley and other Senate Republicans would extend the $10,000 cap on the state and local tax deduction for federal income tax filers.
June 15
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The move to take back local control came a few months after new leadership took the helm at the airport.
June 15
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M. Elizabeth Reich has resigned as Dallas’ chief financial officer after almost six years and will be replaced by Jack Ireland, the city’s budget director.
June 15
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As interest rates rise and muni yields trend higher, the Peach State is set to competitively sell its triple-A rated municipal bonds.
June 15
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Maui County's mayor now has to approve or veto the budget before the start of the fiscal year on July 1.
June 15
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The Securities and Exchange Commission has charged the City of Rochester, New York, its former finance director, former CFO and their municipal advisor with misleading investors in a $119 million bond offering.
June 14
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Triple-A yield curves rose five to eight basis points. Volatility somewhat eased Tuesday as investors took pause ahead of the Federal Open Market Committee meeting.
June 14
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Republicans contend the $1.9 trillion injection of cash sparked inflation while Democrats say it saved lives and a collapsing economy.
June 14
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The bill, which would overturn a 2017 law, is awaiting Gov. Pedro Pierluisi's signature to become law.
June 14
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More budget haggling is anticipated before Gov. Gavin Newsom signs the budget. The state's fiscal year begins on July 1.
June 14
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The Senate Finance Committee on Tuesday brought small business leaders together to discuss the pitfalls of complying with dozens if not hundreds of local tax regimes.
June 14
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Isaac Yilma has joined the firm's public finance practice in Atlanta as a partner, bringing with him expertise in infrastructure, affordable housing and economic development projects.
June 14
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Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds.
June 14
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The departure comes amid Spanish reports that financing for what aims to be the nation's first bullet train is "in hibernation."
June 14
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- Other Legal Notices
NOTICE IS HEREBY GIVEN to the Holders of the above-captioned notes pursuant to Section 6.01c of that certain First Supplemental Subordinate Trust Agreement dated as of January 1, 1991, as amended and supplemented (the “Trust Agreement”), by and between the Los Angeles County Metropolitan Transportation Authority (the “Authority”) and U.S. Bank Trust Company, National Association, as successor trustee (the “Trustee”) under the Trust Agreement that the above-captioned Irrevocable Direct Pay Letter of Credit dated April 25, 2019 issued by Barclays Bank PLC shall be substituted by the Authority on June 24, 2022 with an Irrevocable Direct Pay Letter of Credit dated June 24, 2022 to be issued by Bank of America, N.A. for the account of the Authority in favor of the Trustee.
June 14 -
The 25-basis-point move to higher yields is the largest one-day change in triple-As since March 2020 when COVID began roiling markets. Munis could not ignore a continued selloff in UST led by inflation and recession concerns.
June 13
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Shortly after New Jersey state lawmaker Shama Haider introduced a bill to strengthen cybersecurity defenses, her own town of Tenafly faced a ransomware attack.
June 13
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Phil Culpepper brings his experience as a public finance banker and Illinois' former debt manager to the table at the fully veteran-owned firm.
June 13
