Tax

It’s unclear if monthly federal subsidy payments on Build America Bonds will be made.

SALT deduction limitations have heightened sensitivity to the property tax, an issue both complicated and visceral. Paul Burton and John Hallacy host.

Emily Brock, director of GFOA’s federal liaison center, said restoration of advance refundings and increasing the limit on bank qualified debt to $30 million also are among the legislative priorities for 2019.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.

Rep. Richard Neal, D-Mass., has pledged to ask mayors, governors and other municipal market advocates to testify at hearings early in 2019.

Port officials are concerned volume will drop in January and February after import volume surged to record levels.

The spending plan uses money generated by a new online sales tax and funds unspent by state agencies.

The tax fix is being lost in the rush by Congress to enact a temporary spending measure to keep the government operating through Feb. 8.

The survey of securities firms showed pressures caused by unfunded pension obligations is expected to be the biggest issue for the muni market next year.

Rep. Steve Stivers plans to use the recruiting skills he honed as chair of the House GOP campaign arm to enlist new members of the bipartisan Municipal Finance Caucus in the next Congress.

Four states will become the latest to require out-of-state e-commerce retailers to collect sales tax on Jan. 1 while 10 others aren’t expected to do so until later in 2019.

Federal Reserve data show the effects of a new tax code that makes muni ownership less appealing for banks.

Republican Rep. Randy Hultgren co-founded the group in March 2016 with Rep. Dutch Ruppersberger of Maryland, who will continue as the Democratic co-chair.

Municipal bond volume fell by almost half in November, underscoring the impact of the tax law.

S&P Global Ratings now rates New York personal income tax and sales tax bonds AA-plus.

The NASBO report released Thursday showed some bright spots for state ledgers.

The city’s incentive plan supports a $5 billion proposal to fill a 40-acre low-lying hole in downtown with a mixed-use development.

“Asset recycling can help fix America’s serious infrastructure problems: aging, deteriorating facilities and a lack of funding for a large array of new infrastructure that would improve our quality of life," the study's author said.

Chief Judge Merrick Garland appeared unconvinced by Justice Department attorney Gretchen Wolfinger who argued on behalf of the decision by the Internal Revenue Service to release only limited information in a “suspected practitioner misconduct” case.