Litigation

The proposed bond-financed Uinta Basin Railway has been hit with regulatory setbacks in the wake of a 2023 federal court ruling.

Opponents of the state's capital gains tax will turn their efforts to a repeal ballot initiative following rejection by the high court.

A 2023 state law gave legislative leaders four appointments to the six-member turnpike board as lawmakers sought to reform the agency in the wake of a controversial, bond-financed expansion project.

The negative outlook on the Phoenix-based university's Ba1 rating is due in part to its battle with federal regulators, including the U.S. Department of Education, which it sued in 2021.

Fitch Ratings said the trajectory of the city's AA rating could depend on how Mayor John Whitmire, who took office this week, resolves the years-long impasse over firefighter pay.

The case, which was refiled last week without federal claims from an earlier lawsuit, will have its first hearing in January.

A constitutional amendment approved by Texas voters Nov. 7 will reduce public school property taxes, leaving the state to make up for the revenue reduction.

The decision by the District of Columbia-based U.S. Appeals Court will officially vacate the Surface Transportation Board's environmental approval for the project.

Owners of $284 million of defaulted bonds will get only $2.4 million in cash, along with a minority equity stake in Legacy Park's new owner.

Litigation brought by a state public pension recipient challenges the constitutionality of a 2022 law prohibiting governmental contracts with companies the Oklahoma treasurer determines are "boycotting" energy businesses.