Why MSRB Is Giving a $5.5M Rebate to Dealers
The MSRB plans to rebate $5.5 million proportionally among dealers, file a proposal with the SEC on markup disclosure, and scrap the idea of requiring municipal advisors to disclose information about their issuer client's bank loans or privately placed municipal securities.
State GOP Parties: SEC Was Legally Required to Reject Rule G-37 Changes
The Securities and Exchange Commission was legally required by fiscal 2016 appropriation act provisions to reject changes to Rule G-37 that extended political contribution restrictions to municipal advisors, three state Republican groups told federal appeals court judges.
Bondholders of the Lost Ark: Noah's Ark in Williamstown, KY
The City of Williamstown issued $62 million of Taxable Industrial Building Revenue Bonds under Kentucky Revised Statutes to finance in part a "biblically-themed educational and entertainment complex, to include a replica of the Ark of Noah and related facilities".
OH Hospital Receives $2.1M in QECB's for Conservation Project
Hocking Valley Community Hospital is receiving $2.1 million in Qualified Energy Conservation Bond (QECB) financing for the installation of new energy efficiency and conservation systems from the Ohio Air Quality Development Authority (OAQDA).
US Mayors Hope for a 'Golden Moment' for Infrastructure
After the presidential election, the United States may see a "golden moment" to push for increased federal and state spending to fix America's crumbling infrastructure, according to Democratic mayors speaking at a policy meeting at Philadelphia on Tuesday.
Why IRS Dropped its Challenge to FL CDD Bonds
The Internal Revenue Service has closed audits and left the tax-exempt status unchanged for $311.28 million of community development district bonds in Florida that started a huge debate about political subdivisions and led the tax agency to propose controversial rules for such districts earlier this year.
What Would a Best-Case US Infrastructure Agenda Look Like?
As The Bond Buyer reaches 125 years of covering how America finances its infrastructure needs, theyy take a look at ten key areas of need and what could happen if money and politics weren't in the way. They examine what the project is, how it could benefit America, and, importantly, how it could be financed.
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