Finance, investment and tax-related legislation

The proposed ballot initiative would make Proposition 13 property tax breaks portable.

As the political gears churn, issuers and borrowers should huddle with legal counsel and financial advisors to consider the possibility of worst-case scenarios in which some or all of the proposed tax reform legislation is enacted.

Smaller hospitals and colleges and affordable-housing developers will be more challenged in distributing their bonds under proposed tax reforms.

After infrastructure and health care legislation failed to materialize, the municipal industry turns its attention to the potential benefits – and risks – of tax reforms now before Congress.

Treasury has targeted the proposed political subdivision rules as burdensome.

A state senator is seeking authority to issue $450M in general obligation bonds to pay for voting machines.

As we await details on the president’s infrastructure program, the best approach is to study up on the alternatives -- and be patient.

The Financial CHOICE Act, which the House passed Thursday, would have some direct effects on munis.

A consumer protection bill for PACE loans in California passed the state Senate.

The House is scheduled to vote on a slightly modified version of the controversial CHOICE Act during the week of June 5.