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<a href="http://www.accessmylibrary.com/coms2/summary_0286-35547549_ITM" title="Facts and information about Washington focuses on muni market: much legislative, regulatory, and judicial attention has been focused on the problems municipal bond issuers are facing as a result of disruption in the capital markets.(Federal Focus)">Washington focuses on muni market: much legislative, regulatory, and judicial attention has been focused on the problems municipal bond issuers are facing as a result of disruption in the capital markets.(Federal Focus)</a>
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Washington focuses on muni market: much legislative, regulatory, and judicial attention has been focused on the problems municipal bond issuers are facing as a result of disruption in the capital markets.(Federal Focus)
Congress, the Securities Exchange Commission (SEC), and other regulatory bodies, as well as the U.S. Supreme Court, have been actively addressing issues that are important to municipal bond issuers. While most of the activity has been in reaction to the problems municipal bond issuers are facing as a result of disruption in the capital markets, the Supreme Court's decision for the Commonwealth of Kentucky in Davis v. Kentucky brought a collective sigh of relief from state and local governments and the tax-exempt bond community This case centered around whether states violate the U.S. Commerce Clause when they tax a resident's out-of-state municipal bond interest while ...
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- News wire article from: Mondaq Business Briefing May 29, 2008 700+ words
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- Magazine article from: Daily Record (Rochester, NY) June 11, 2008 700+ words
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- Related Case May Resolve Kentucky Case Regarding Constitutionality Of State...
- News wire article from: Mondaq Business Briefing March 29, 2007 700+ words
...status quo in the municipal bond market may have reason...called "dormant Commerce Clause," a judicial interpretation of the Commerce Clause of the U.S. Constitution...violates the dormant Commerce Clause. That court reasoned...
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- Newspaper article from: The Christian Science Monitor Price, Margaret November 5, 2007 700+ words
...The Christian Science Monitor If you've long viewed the municipal bond market as a sleepy, safe tax haven, with rarely much ruckus...commerce in violation of the US Constitution's dormant Commerce Clause. Kentucky appealed to the US Supreme Court after the Kentucky...
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- News wire article from: UPI NewsTrack May 19, 2008 700+ words
...activity bonds. Kentucky residents George and Catherine Davis brought the case, arguing that the tax breaks violate the Commerce Clause, which gives the federal government the sole power to regulate interstate commerce. "For the better part of two centuries...
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...regulations violated the Constitution's commerce clause. In a major victory for states, however...California, involved application of the commerce clause to foreign commerce. The commerce clause prohibits states from erecting barriers...
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- Magazine article from: William and Mary Law Review McGreal, Paul F. March 1, 1998 700+ words
...It is the doctrine of the dormant Commerce Clause, perhaps the Supreme Court's best...hideous thing? In short, the dormant Commerce Clause is a constitutional law doctrine that...same area.(3) In general, the Commerce Clause places two main restrictions on state...
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- Magazine article from: Michigan Law Review Bair, Benjamin C. August 1, 1995 700+ words
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Source: HighBeam Research, Washington focuses on muni market: much legislative, regulatory, and...