Public finance

The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.

The California Supreme Court upheld the state's 2013 pension reform, but said its ruling is not a reexamination of the "California Rule" on public pensions.

Gov. Murphy and the legislature have "disagreements with aspects of the bill."

Muni yields fell by as much as three basis points, according to readings on the AAA muni scales. However, some traders and analysts said this market is too tight given COVID-19 threats. Lipper reported $1.8 billion of inflows in the latest week.

Bi-state transportation agency seeks $3 billion of federal assistance to avoid capital plan cuts.

Whether or not infrastructure investment is included in the next stimulus bill, more is still needed, experts say.

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

Mayor Bill Peduto warned of significant cuts to next year's budget if the city does not receive adequate rescue assistance.

The Metropolitan Pier and Exposition Authority named underwriters and a team to sell up to $200 million of bonds to manage pandemic-driven revenue losses.

Municipals were little changed as all eyes focused on the primary.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

Their suit against 11 bond underwriters will be heard in a local, rather than federal, court, the lead judge said Wednesday.

The Smart Plan received the leadership recognition award from the National Association of Government Defined Contribution Administrators.

Municipals held firm as more new deals swarmed into the marketplace.

It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.

Minnesota's governor blames efforts to strip emergency powers he used in the fight against COVID-19 for the holdup in passing a $1.8 billion bond authorization.

Tom Kozlik of Hilltop Securities explains why meaningful federal coronavirus assistance to states and cities is no slam dunk. Paul Burton hosts. Recorded July 21.

Puerto Rico public corporation unions fought against PROMESA and local laws in an appeals court Monday.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.