Finance, investment and tax-related legislation

Tax exempt coupon income may be included in a proposed 3% high income surcharge in the reconciliation bill, Citi says

The EPA would be responsible for administering the new grant program, should it become reality.

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.

Tourism represents 17% of Hawaii's economy.

The additional revenue from permanently increasing the top individual tax rate to 39.6% from the current 37% would help pay for a temporary two-year suspension of the SALT cap.

Politicians are reacting to public frustration about wildfires and planned electricity outages.

While S&P, Moody's and Fitch still provide ratings on about 92% of municipal bonds, market participants say they don’t rely on the rating agencies as they once did. Part 2 of The Bond Buyer’s series on the decade after the financial crisis.

Groups active in the muni market are spending millions of dollars to influence policy and elect candidates, records show.

States would be barred from starting to require the collection and remittance sales taxes from online vendors located out of state until next year under a bill introduced by two Republicans in the Senate.

George Callas most recently was senior tax counsel to House Speaker Paul Ryan and was a chief architect of the tax reform legislation enacted in December.