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State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools. → Read More
One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year. → Read More
The roughly $1 trillion bipartisan plan would rely heavily on municipal financing tools to achieve $1 trillion in investment with any new federal taxes. → Read More
The group is also urging Congress to enact enhancements for aggie bonds and industrial development bonds. → Read More
The justices will consider whether to put the New Hampshire v. Massachusetts case on the fall docket. → Read More
The NLC survey found the availability of broadband and digital connectivity improved in about three in 10 urban core and rural communities over the past year. → Read More
The five-year Highway Trust Fund reauthorization still requires action by the House Ways and Means Committee to approve revenue measures for financing the bill. → Read More
If Congress does not act on the island’s Medicaid funding by the end of September, the funding shortfall would force officials to drop an estimated 800,000 people from the rolls. → Read More
GASB has not had an academic on its board since June of last year when Professor Michael H. Granof of the University of Texas ended his second term. → Read More
U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley described the proposal as “a good faith offer and a significant step in the right direction.” → Read More
The $304.5 billion highway section might pave the way for further bipartisan agreement on a wide-ranging infrastructure package. → Read More
The overhauled funding stream would allow the IRS to fairly enforce the tax code, modernize its IT systems, and improve taxpayer services, according to the bill's sponsor. → Read More
President Biden met Wednesday with top Republican and Democratic congressional leaders to discuss a bipartisan way forward on this issue. → Read More
Treasury’s 151-page interim final rule provides broad latitude for how the money can be spent. → Read More
SLGS are typically used by issuers of tax-exempt municipal bonds because of yield restrictions and arbitrage rebate requirements under the Internal Revenue Code. → Read More
The report found that the White House Office of Management and Budget played a key role in prodding HUD to add additional requirements for Puerto Rico to access the disaster aid. → Read More
There’s not much difference in the criteria S&P Global uses to rate General Obligation debt issued by cities and GO debt issued by states. → Read More
Wyden said his clean energy bill would replace a hodgepodge of 40 temporary tax credits. → Read More
The $1.9 trillion American Rescue Plan includes $350 billion in direct state and local aid. → Read More
He starts next month a the new president and CEO of the Utah Housing Corp. → Read More