Sales tax

The Illinois House advanced a megaprojects bill that could enable the National Football League's Chicago Bears to stay in Illinois.

The Los Angeles County Metropolitan Transportation Authority sold about $900 million to refund older bonds and finance projects, including a subway extension.

Voters rejected a 3% hotel tax increase Tuesday in Springfield, Missouri. They had already rejected a similar measure in November.

The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.

The bill creates a sports facilities authority for a $3 billion partly bond-financed NFL stadium and makes changes to a sales tax and revenue bond program.

A detailed plan for issuing the bonds, which will be backed by an extension of a 1% special sales tax, is expected by May 15.

Glen Carbon, Illinois, has applied to host the state's first NOVA district, a bigger version of a STAR bond district, to support a big mixed-use development.

Los Angeles County and Contra Costa County supervisors both approved placing sales tax measures on the June ballot to address federal Medicaid cuts.

The city of Olathe and the Unified Government of Wyandotte County-Kansas City, Kansas, signaled support for a state bond plan to move the team from Missouri.

Wells Fargo Securities will price for the Chicago Transit Authority $575 million of first and second lien sales tax receipts bonds on Thursday, Feb. 5.

Alaska Gov. Mike Dunleavy proposed a statewide sales tax as part of his plan to deal with a budget deficit brought on by declining oil revenues.

Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.

A plan before county commissioners to put a 0.625% permanent sales tax on the April ballot to complete a bond-financed jail project failed to advance.

Governors plan to cut taxes and expand school vouchers across many of the Midwest's Republican-led states in fiscal year 2027.

Bank of America and Wells Fargo will lead underwriting for $1.8 billion of sales tax and revenue bonds issued through the Kansas Development Finance Authority.

University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.

Platte County, Missouri, formally withdraws from public financing of a shopping center that sparked court battles after its sales tax revenues began to falter.

The Kansas City Chiefs will leave Missouri for Kansas, where sales tax and revenue bonds will help finance a $3 billion domed stadium expected to open in 2031.

Illinois Gov. JB Pritzker signed a raft of major bills into law over the past week, culminating with the Northern Illinois Transit Authority Act.

Four of Dallas Area Rapid Transit's 13 member cities took action to ask voters in May whether they want to withdraw from the agency.