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U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects.
December 16 -
The grant from the Federal Transit Administration completes funding for $1 billion Texas rail line linking Dallas-Fort Worth International Airport with downtown stations.
December 16 - Washington
Washington Gov. Jay Inslee on Wednesday released his nearly $47 billion 201719 budget proposal.
December 15 -
Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.
December 13 -
The Securities and Exchange Commission will not bring any more settlements under its Municipalities Continuing Disclosure Cooperation initiative and will instead focus on those underwriters and issuers that did not voluntarily disclose violations under the MCDC.
December 13 -
The Illinois Regional Transportation Authority Thursday will consider a $3 billion operating budget and $5.1 billion five-year capital plan that boosts spending next year but still falls far short of its needs as a new state capital program languishes amid the ongoing budget impasse.
December 13 - Washington
While Puerto Rico is at a crossroads, it must file for restructuring as soon as possible and work with the federal government to help resolve the commonwealths fiscal crisis, said outgoing Puerto Rico Gov. Alejandro García Padilla.
December 13 -
MultiCare Health System, a not-for-profit health system based in Tacoma, Wash., has reached a deal to purchase the for-profit Rockwood Health System for $425 million and will finance a large portion of it with bonds.
December 12 -
The president-elect would finance his trillion dollar plan through tax credits, bypassing state and local governments, and may move to tax the interest on their municipal bonds.
December 7 -
A proposed continuing resolution that would fund federal programs and services through April 28, 2017, and a long-awaited bipartisan water bill would provide about $170 million For Flint, Mich., and other water infrastructure health initiatives.
December 6