Munis

On Wednesday, the SEC approved the final rule 3-1, with Commissioner Robert Jackson voting against the rule.

About half of the multifamily housing units built nationally that use the federal 4% Low Income Housing Tax Credit are financed with tax-exempt PABs.

The Florida Department of Transportation wants a court to decide who is responsible for setting tolls to service debt that financed the Garcon Point Bridge.

The Ohio House’s two-year operating budget bill boosts spending for higher education adding an extra $21.8 million for higher education next year and $20 million in 2021.

Abonamah will oversee the municipal securities office's strategic initiatives in his new role.

In late May, the MSRB enhanced its search functionality on its Electronic Municipal Market Access site (EMMA) by implementing an algorithm that allows for predictive searching.

The amended lawsuit references inside sources who allegedly confirm that the banks worked together in violation of antitrust law.

Bills to limit the revenue flexibility of local governments and put more state funding toward schools were driven by a desire to limit property taxes.

State Controller Betty Yee blames the state's new digital accounting system for delaying the comprehensive annual financial report.

The public-private partnerships will finance projects in Belle Chasse and Lake Charles.

Weekly bond volume is forecast to hit $6.99 billion in a calendar composed of $4.36 billion of negotiated deals and $2.63 billion of competitive sales.

The decision to release the plan signals a resolve on the part of at least some lawmakers to prioritize infrastructure legislation even though President Trump recently announced he won’t work with top congressional Democrats as long as he’s under investigation by them.

Though monthly issuance improved to $27.46 billion, the most this year, it remained 22% below the May 2018 level.

The rule will take effect 30 days after publication in the Federal Register, which usually takes about three business days.

A large industrial revenue bond issue closed out the primary in a holiday-shortened week for the municipal bond market.

State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.

The legal argument made against revenue bonds just doesn't make sense in the market-based world.

GASB Statement 91 calls for conduit issuers to stop reporting conduit debt in their financial statements and to report all of it in their accompanying notes starting Dec. 15, 2020.

The cash-strapped state’s public-private partnership will pay for a fixed-span bridge to replace an aging lift bridge and tunnel in Belle Chasse.

The authority says the site will help investors access credit fundamentals.