Private activity bonds

Houston hits the market with more certainty about its pensions but less about the tax-exempt market.

Without tax-exempt private activity bonds, charters would have to turn to more expensive and restrictive capital sources.

Issuers of conduit debt would lose their primary purpose if Congress eliminates private activity bonds.

The Illinois Finance Authority authorized a passel of deals that would be outlawed by a GOP tax bill.

The mill will recycle waste paper and corrugated containers.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

Senate Finance Commitee chairman Orrin Hatch's tax proposal will likely be kinder to municipal bonds than the House's bill, but harder on states and localities.

Eddy County Commissioners unanimously approved an industrial revenue bond for a company planning to build and operate a natural gas plant within the county.

In a document rife with broken promises and misstatements about the muni market, the “Tax Reform” proposal beats up on the municipal bond market and state and local bond issuers to an extent never envisioned prior to the publication of that proposal.

A study says tolls on existing Interstates could make up for the loss of fuel tax revenue caused by more efficient vehicles.

Advance refundings were 27% of market last year, PABs were 19% and most were 501(c)(3)s.

With a tax bill on the table that places the cost of tax cuts on the municipal finance market, the time to voice opposition is now.

The owners of Florida’s private passenger train project want to beat the Jan. 1 expiration date of a private activity bond allocation.

The 2017-2018 plan contains one new item — private activity bond guidance.

Bond attorneys expressed dismay the public notice requirement would remain 14 days.

Multifamily housing bond issuance more than doubled in 2016 to $14 billion.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The previous peak in PAB issuance was $14.5 billion in 2010, CDFA said.

Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.

The remaking of 10 miles highway through Denver and its suburbs is the largest project in Colorado Department of Transportation history.