Bonds

Under Republican leadership, Louisiana has joined the red state battle against environmental, social and governance policies with the country’s latest state-level law that bans doing business with corporations, including bond underwriters, deemed to be unfriendly to the gun industry. Gov. Jeff Landry, a Republican who took office in January, has long advocated against ESG issues
Transit agencies across the country are being forced to deal with new trends in ridership, new travel patterns, and dwindling federal funds from pandemic- related relief that make the next few years crucial for bringing our nation’s transit system into the new world. That was the takeaway from the House Transportation and Infrastructure Committee hearing
The country’s largest public pension fund came under fire Wednesday from House Republicans, who accused the fund of being part of a “climate cartel” that illegally colludes with other investors to try to force companies to reduce their carbon footprint. The California Public Employees’ Retirement System was one of four witnesses called by the Republican
Gov. J.B. Pritzker on has signed Illinois’ $53.1 billion fiscal year 2025 budget, which includes $198 million for the state’s rainy day fund and $182 million for the migrant crisis as well as creating a Department of Early Childhood and an innovation center at the University of Illinois-Springfield and funding the new state-based insurance marketplace.
A 2017 constitutional challenge to Arizona’s system for funding public school facilities that spotlights districts’ unequal access to local property taxes and bond issuance finally went to trial last week.  The case, filed in Maricopa County Superior Court by school districts and others against state School Facilities Board officials, contends the funding system violates the
Tennessee Gov. Bill Lee Tuesday signed a bill allowing local governments to issue bonds via industrial development corporations to work alongside the private sector to bolster affordable housing. The law will allow IDCs affiliated with cities and towns to sell bonds to raise the money needed to assure multi-family housing remains affordable. All municipal governments