The COVID-19 pandemic is affecting municipal borrowers, including state and local governmental entities and conduit borrowers, as unexpected expenses grow and expected revenue declines as a result of stay-at-home and other...more
H.R. 1, signed into law on December 22, 2017, reduces the maximum federal corporate income tax rate from 35% to 21% for tax years beginning after December 31, 2017. This change in the corporate income tax rate may result in a...more