Politics

Lawmakers resurrected a bill vetoed by Gov. Brad Little after amending it to remove a clause that jeopardized a transportation bond deal.

In his annual address to Puerto Rico's legislature Pedro Pierluisi hailed the growth of Puerto Rico's economy.

Based on an opinion from the attorney general, the cut isn't permanent, drawing criticism from the legislature's Republican minority.

Part of the problem may be the lack of a muni finance tax expert in Treasury, a position that has been vacant since 2019.

The bill would create a state investment fund and establish a debt reduction program to be administered by the Division of Bond Finance.

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The measure, which passed with slim vote margins in the Republican-controlled legislature, could drive banks out of the state's market, according to the governor.

The governor asked the high court to review a ruling that gave the board broad power to overturn laws it deems inconsistent with the island's fiscal health.

The Investing in Our Communities Act, introduced by House members Kustoff, R-Tenn., and Ruppersberger, D-Md., would reinstate tax-exempt advance refunding.