The state asked the U.S. Supreme Court to deny a request to hear arguments seeking to overturn a capital gains tax expected to bring in $500 million annually.

The deal marks one of the rare instances of true asset recycling in the U.S.

An increase in tax collections helped fuel the flow of billions of excess dollars into the state's previous budget, although growth in key sales tax revenue has slowed.

For those of us who study government finance, either for investment purposes or for public policy purposes, complete data sets are far more useful than partial ones that will necessitate ongoing use of legacy PDFs of those issuers that are exempt.

"Under my rule, pension-fund and asset managers are still able to offer ESG products in Missouri," said Missouri Secretary of State John Ashcroft.

Attorney General Ken Paxton put several big banks under a review last month, raising concerns more municipal bond underwriters could be driven out of the state.

Two major state-backed offshore wind farm projects in New Jersey were canceled by Ørsted, which cited growing impairments and sustained marketplace pressures.

A Senate bill holds drinking and wastewater infrastructure funding level to 2023, but advocates the SRFs could see cuts when the two chambers hammer out final appropriations.

Large reserves will insulate states against downgrades in the near future, one rating agency says.

Nevada state officials have partnered with two companies that specialize in working with charter schools to create a $100 million revolving loan fund to build schools and refund existing high-interest debt.

When set against high-profile public finance projects like American Dream and Legacy Cares, Florida's Brightline marks a rare success for investors.

The application criteria for the grant programs handcuffs $5.5 billion in transportation spending to progressive priorities," said Texas GOP Sen. Ted Cruz.

This could be the first time the bond market has posted three consecutive negative total return years, according to John Hancock Investment Management Co-Chief Investment Strategist Matt Miskin.

States use tax proceeds in a way that appeals to voters because recreational marijuana is often legalized through a referendum process.

A state congressional committee voted down a proposal to replace the aging Calcasieu Bridge with a toll-road through a public-private-partnership. Now limited options remain to carry out the work, say some state officials.

New House Speaker Mike Johnson has laid out an aggressive calendar to avoid a government shutdown.

Gov. Gretchen Whitmer chose Jen Flood, her deputy chief of staff, to replace Chris Harkins who is leaving state government later this year.

The nearly two-year delay in setting up the per-mile charging fee pilot program means Congress will not be able to consider the feasibility of the fees as it crafts the next surface transportation law.

The Gulf of Maine offers "significant opportunities" for offshore wind energy development, federal authorities announced. That's good news for state officials hoping to tap the technology's potential to meet green energy goals.

The state's strong reserves contributed to brighter rating outlooks from Moody's Investors Service and, earlier this year, S&P Global Ratings.