Columbus, Ohio, Takes Top Spot in Smart City Transportation Race
Columbus, Ohio selected as national testing ground for smart transportation technology.
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The House GOP blueprint for tax reform released Friday sparked mixed reactions in Congress, with leading Democrats criticizing its lack of detail and Republicans lauding its proposed pro-growth efforts through limits on deductions, exclusions and credits in the current tax code. more »
The board of New York’s Metropolitan Transportation Authority on Wednesday authorized a bond offering to monetize a portion of the 99-year lease payments from Hudson Rail Yards commercial and residential development. more »
The District of Columbia submitted its enacted $13.4 billion fiscal 2017 budget and 2017-2020 capital plan to Congress and President Obama Wednesday, defying Republican legislation that would curtail any such action without congressional approval. more »
Sponsors of a $1 billion rail line in north Texas said more than $535 million of federal funding is on the way. more »
Much of the funding in Massachusetts’ new five-year, $14.8 billion capital plan goes to transit infrastructure upgrades. more »
Unlike its neighbors, Arkansas does not tap its general revenues for transportation projects. more »
Maryland’s Purple Line rail P3 gets official notification of an $875 million low-interest federal loan. more »
The Senate Appropriations Committee on Thursday approved a fiscal 2017 appropriations bill that would maintain current funding levels for both the Internal Revenue Service and Securities and Exchange Commission as well as increase federal funding for the District of Columbia. more »
North Carolina Transportation Secretary Nick Tennyson said the $800 million cost to unwind the I-77 Mobility contract and finance the projects in-house are among his concerns about House Bill 954, which would terminate the P3. more »
Cash-strapped colleges and universities are increasingly likely to opt for P3 financing of campus infrastructure. more »
The Austin City Council's transportation committee wants voters to decide on $300 million mobility bond packages. more »
A bipartisan bill introduced in the House would allow state and local governments to issue up to $5 billion in private activity bonds to finance the construction and upkeep of certain publically owned buildings. more »
Virginia’s Commonwealth Transportation Board used objective criteria to develop a six-year, $14.4 billion transportation plan. more »

Bond Buyer Northeast regional editor Paul Burton, markets reporter Aaron Weitzman and Northeast regional reporter Andrew Coen examine the hot-button problem of public pension liability, including the lingering Illinois shadow, the New Jersey Supreme Court ruling, union pushback and Pennsylvania's bill to switch new employees to 401(k)-style plans.

As we await the final shoe to drop with regard to the SEC's MCDC initiative, the municipal market may be at a turning point in terms of disclosure.

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