Tax

The state Senate approved the proposed constitutional amendment on a party-line vote.

Fiona Ma has been pushing the state's bond team to explore refundings and to sell new money bonds while rates remain low.

School districts dominate the list of 64 issuers seeking $11.2 billion of debt authority.

The next five weeks will determine the fate of first-year governor J.B. Pritzker's proposals for the fiscally troubled state.

Lower gas prices, remote working, easy driving and new competition from ride-share companies are taking slices of the pie.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

A higher state sales tax would be used to help fund public schools, in connection with a cap on local property taxes.

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

A fourth audit in two months fuels the perception that the IRS has launched an enforcement initiative involving the island territory.

Virginia and Florida and other states are responding to complaints about using tolls to pay for costly road improvements.