Tax-exempt bonds

The Inflation Reduction Act's changes are significant enough that they will be featured in the banner at the top of the offering statement.

The Internal Revenue Service has reinstated Ham Lake, Minnesota based charter school operator Parnassus Building Company's tax-exempt status after it was revoked in May 2022.

Brokers should be aware that inaccurate tax reporting could force its brokerage clients to seek damages and could force dealers to make their clients sign a liability waiver, as the recent muni case Richard Goodman v. UBS Financial Services highlights.

The respected muni tax expert died unexpectedly Aug. 14.

The MSRB has released a mid-year research report showing the sharp decline of taxable issuances, significant outflows from mutual funds and a particularly fruitful last few months for individual investors.

West Virginia Sen. Joe Manchin’s wholesale refusal to back the climate and tax measures in Democrats’ Build Back Better bill deals a final blow to any hopes of passing any provisions of the muni agenda before November.

The disclosure from the Hampton County School District in Varnville, South Carolina provided no details on the status of the bonds, but the form itself indicates there is an audit underway.

Denver will head to the municipal market next week with its biggest new money general obligation bond sale ever at $366.4 million.

The proposal would offset all gas tax losses to the Highway Trust Fund but would still hasten its insolvency.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.