Litigation

The turnpike plans to sell $1 billion of revenue bonds in 2025's first quarter to continue funding for an expansion project now estimated to cost $8.2 billion.

The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.

Votes on Amendment A, which would have allowed excess income tax revenue earmarked for public education to flow into the state budget, will not be counted.

A lawsuit filed by a business group in federal court in August claims a 2021 Texas law violates free speech protections.

Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.

Litigation filed by environmental groups aims to reverse actions taken by the agency's board since it was restructured by the state legislature in 2022.

The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.

PREPA and its creditors have 30 more days to negotiate a possible debt-cutting deal.

The lawsuit contends a state law that punishes banks and others for "boycotting" the fossil fuel industry violates free speech provisions in the U.S. Constitution.

Property taxpayers want a state court to order the city to reduce its 2024 tax levy by $187 million earmarked for a now-downsized mass transit plan.