Tax

Sixty percent of counties identified in the report are located in 20 states outside the areas in New York, New Jersey and California where the $10,000 cap has raised the strongest political objections.

April was a pretty good month for the municipal bond market following the 30% drop in first quarter issuance, said a market expert.

The flat state income tax rate is embedded in the state constitution.

Many lawmakers in Congress have deferred to the high court on the issue in the belief that helping state and local governments collect sales tax for e-commerce might be construed as a new tax rather than an enforcement measure.

The Securities Industry and Financial Markets Association's newest model documents incorporate months of experience with the year-old issue price regulations, which most issuers think are working well.

Just a few months after the implementation of new tax legislation, the municipal market has a different look and feel to it. Sean Carney, managing director and head of municipal strategy at BlackRock, discusses what impact the new tax laws have already had on munis, and what other ripple effects the market could see down the road. Hosted by Aaron Weitzman.

Pension costs and slow growth in state revenues contributed to a fifth straight year of net tax-supported debt growth of under 2%.

Vernon succeeded in its second stab at passing a utility tax that ends a practice of using a utility fund to close city deficits.

The university plans to price $118 million of new money and refunding bonds this week, and to close the refunding deal in September.

The justices and attorneys both sides in a case involving South Dakota all appeared to prefer action by Congress to regulate this area of interstate commerce that has been forced on the high court by legislative gridlock.