Muni advocates concerned about tax-exemption

Municipal issuers, dealer firms, and advisors are concerned about relentless efforts to eliminate the tax-exempt status of municipal bonds to pay for budget deficits.

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Registration is open for The Bond Buyer?Texas Public Finance conference?in Austin in April.

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While a more common feature on corporate bonds and taxable munis, some issuers have priced recent deals with make-whole calls on their short-maturity tax-exempt bonds. So far, the market does not appear to be penalizing issuers.

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Register for The Bond Buyer's new?Southeast Public Finance?conference coming May 6-7 in Hollywood, Florida.

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In a move to help local schools across Kentucky deal with rising inflation and soaring building costs, the Legislature has passed a bill to let the districts directly issue general obligation bonds.

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Read the newest?research from The Bond Buyer?detailing the public finance industry’s views of the risks and opportunities in 2024.

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Peter Shapiro, founder of Swap Financial Group and a former New Jersey legislator and county executive, died at his home after a long illness. He was 71.

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Municipals were little changed Thursday as the primary market saw several large deals price to good demand as investors see current muni yields more enticing after the rise in triple-A curves Tuesday and Wednesday.?