COVID-19

The Department of the Treasury’s warning letter to Arizona may be a warning to all states who defy the Biden Administration’s rules related to ARPA funding, but disclosure related to clawbacks could be a problem for muni issuers.

The latest round of federal aid is not enough to move the needle over the long term.

The Internal Revenue Service has released guidance providing temporary relief for low-income housing tax credit and private activity bond-financed properties due to the ongoing threat of COVID-19.

Treasury’s final ruling issued last week provides tribes with $10 million in revenue loss allowance and a broader list of capital expenditures.

The Treasury has issued final ruling for the State and Local Fiscal Recovery Funds program, leaving the ban on the use of stimulus funds to offset tax cuts and furthering the battle of its constitutionality.

Hammerman has spent more than 18 years with the group, participating in a number of important policy discussions about munis.

The MSRB's priorities for the year include action on ESG, updates to its EMMALabs platform, and more requests for comment aimed at modernizing its rulebook.

A HilltopSecurities survey found skilled nursing and senior living as the sectors they were most concerned about for 2022.

The Internal Revenue Service and Treasury Department have a number of important updates for the muni market in 2022.

Entering the third year of a pandemic, higher education is expected to gain stability amid a flood of federal aid.

Municipal market participants need to be vigilant in monitoring liquidity and the impact of growing inflation.

To qualify for bond credit enhancement, the state treasurer requires school districts certify compliance with a court ruling against public health mandates.

The Securities and Exchange Commission has proposed amendments to its money market fund rules, which it has tinkered with repeatedly since the Great Recession.

Analysts project a positive outlook for toll roads in 2022, expecting median tolled traffic and revenue growth at 2% and 4%, respectively.

Municipal yields fell as much as three basis points on Friday as Treasuries soared in a flight-to quality bid as stocks plunged on fears about the emergence of a new COVID variant.

COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.

The Municipal Securities Rulemaking Board’s new report on the use of internal and external liquidity in the municipal bond market shows that for transactions under $100,000 external liquidity has steadily increased since 2011.

New York State Comptroller Thomas DiNapoli discusses his COVID-19 federal funding tracker, and initiatives that range from transparency to pensions. Paul Burton hosts. (28 minutes)

CDFA is advocating for a holistic solution from Congress to address private activity bond challenges.

SEC Chairman Gary Gensler focused much of his comments during SIFMA’s Annual Meeting on why he considers himself to be just getting the ball rolling on climate disclosures.