Finance & Banking

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News & Analysis as of May 25, 2013

Effect of Sequestration on Direct-Pay Bonds

by King & Spalding on 3/8/2013

The American Recovery and Reinvestment Act of 2009 allowed, for a limited period of time, the issuance of taxable state or local bonds for which the U.S. Treasury Department pays the issuer a specified percentage of interest...more

School Concurrency Impacts Residential Development in Miami-Dade County

by Akerman Senterfitt on 10/26/2012

With increased international investment, Miami-Dade County has seen a rebound in the real estate market, particularly with regard to residential projects in high-density areas in Miami's urban core and bayfront and beachfront...more

AB 1903 Would Prohibit Districts from Levying Level III Developer Fees

by Kronick, Moskovitz, Tiedemann & Girard on 6/15/2012

AB 1903 (Buchanan and Hagman), as proposed, would suspend the ability of school districts to levy Level III developer fees. The bill is scheduled to be heard on Wednesday, June 20 in the Senate Education...more

Illinois Supreme Court Upholds Bill Funding $3 Billion for School Construction Projects

by Franczek Radelet P.C. on 7/27/2011

The Illinois Supreme Court recently upheld the constitutionality of legislation involving a $3 billion state construction program funded in part by the legalization of video poker, which would be permitted in bars and...more

Nuclear Power Congress survey results

by Rachel Hamilton on 10/18/2010

The nuclear revival continues, fueled by loan guarantees from the Obama administration and the increasing demand for cleaner energy sources. The first round of nuclear new build construction is on track to add 7 additional...more