U.S. Rep. Hultgren and Dutch Ruppersberger announced the creation of the Municipal Finance Caucus to fight for state and local governments' ability to independently finance projects to keep their communities strong.

Total volume for 2015 finished 19.1% higher at $403.77 billion from $339.05 billion in 2014, according to The Bond Buyer's annual review. The most notable stat is refundings at $165.67 billion, up 29.5% from 2014's total.

The IRS is proposing new rules for political subdivisions issuing tax-exempt bonds that lawyers say will completely change the regulatory landscape and the way infrastructure has been financed in a number of states.

Textron Specialized Vehicles, Inc. will acquire a 600,000 square foot manufacturing facility through the use of $20 million in local revenue bonds. The State of Georgia will also provide $600,000 in grant money to finance the expansion of the facility.

State Representative Robert Sprague applauded Ohio House passage of House Concurrent Resolution 7, a measure that urges the president and the United States Congress to preserve the tax-exempt status of municipal bonds.

Three groups are threatening to challenge the constitutionality of the Municipal Securities Rulemaking Board's revised pay-to-play rule for municipal advisors.

CDFA is seeking a motivated, well-organized and experienced individual to fill the position of Vice President. This senior level position is critical to the continued success of CDFA's education, advocacy, research, resources and networking efforts.

The Bond Dealers of America is now part of a new umbrella organization called the American Securities Association that will also include an upstart association for middle market equities dealers.

Squire Patton Boggs, a leading muni bond firm, is merging with the San Francisco-based international litigation firm of Carroll, Burdick & McDonough.

Issuers would be required to submit an annual debt accountability report to the California Debt and Investment Advisory Commission under recently introduced legislation.

Comprehensive or targeted reform of the federal tax code could significantly impact the revenue of most states, The Pew Charitable Trusts found in a report released Wednesday.

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