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Three state Republican parties challenging the constitutionality of a revised Municipal Securities Rulemaking Board anti-pay-to-play rule are asking a federal circuit court to streamline the legal process by consolidating their two pending cases.
July 5 -
A South Carolina judge has indicated that he plans to side with Richland County in its fight over the release of 1-cent sales tax revenues frozen by the state Department of Revenue amid a probe into irregular spending.
June 30 -
Legislation to rescue Puerto Rico from its debt crisis is moving to President Obamas desk for a signature after the Senate approved it 68 to 30 Wednesday, just two days before the commonwealth is expected to default on a $2 billion debt payment.
June 29 -
The Senate is poised to begin debate on the Houses Puerto Rico rescue bill Wednesday morning with a possible final vote taking place later in the day.
June 28 -
Detroit got the all clear from the city's Financial Review Commission to move ahead with a refunding of $660 million of general obligation debt.
June 28 -
Treasury Secretary Jack Lew added to the pressure for quick passage of a Puerto Rico rescue bill in a letter to the Senate leadership on Monday, even as some public finance professionals maintain the bill is unnecessary and could be harmful for the commonwealth.
June 27 -
Puerto Rico said it would not be paying bond anticipation notes from the Puerto Rico Infrastructure Finance Authority.
June 27 - Kentucky
The outlook for the University of Louisville was changed to developing after Moody's Investors Service found that Kentucky Gov. Matt Bevins dismissal of the board of trustees raised uncertainty about the universitys governance.
June 24 -
Puerto Rico and Obama administration officials said on Thursday it is imperative that a House bill designed to help the commonwealth be passed into law before the territorys expected debt payment default on July 1.
June 23 -
The small south Florida city of Opa-locka, recently designated by the state to be in a financial emergency, is under investigation by the Securities and Exchange Commission, according to the Miami Herald.
June 23