The law governing the use of bond and note premium received by Massachusetts municipalities and districts, Section 20 of Chapter 44 of the Massachusetts General Laws, was recently amended. Any premium received upon the sale...more
On Thursday, March 12, 2021, President Biden signed into law a $1.9 trillion COVID-19 relief package, H.R. 1319, the American Rescue Plan of 2021 (the “ARP”). The ARP includes $350 billion in aid for state and local...more
The economic hardship arising from the COVID-19 pandemic is likely to impact municipal cash flows in two broad areas: local collections from sources such as property taxes, hotel and meals taxes and auto excise taxes, and...more