Lynn Hume

The president's proposal to expand and use private activity bonds for public infrastructure projects is similar to one made by a prior administration.

President Trump’s plan would expand private activity bonds and ease restrictions on them for public-purpose infrastructure projects.

President Trump's infrastructure plan, detailed for reporters by a White House official this weekend, will expand the eligibility of tax-exempt private activity bonds.

Brad Waterman says it's unfair for the IRS to withhold documents pertaining to a "suspected practitioner misconduct" charge that was filed against him but never investigated.

The Council of Infrastructure Financing Authorities is asking individuals or firms to submit proposals by March 2.

NABL details at least seven alternatives for outstanding bonds as well as five ways that new bond transactions can be structured.

Identical bipartisan bills introduced in the House and Senate would provide a new source of funding for state revolving fund programs that would enable states to expand assistance to communities for water infrastructure projects.

While President Trump gets praise for pushing for $1.5 trillion of new infrastructure investment, leaked draft plans for a bill have already raised questions and sparked controversy.

A left-leaning, nonprofit group claims the president's infrastructure plan will maximize revenue for private parties and incentivize state and local governments to take on debt.

President Trump may be laying the groundwork for a war with environmental groups with his draft legislative plan to streamline the environmental process for infrastructure projects.

The Democrats' draft bill would be "a great way to make sure that no U.S. territory ever borrows in the muni market again," said Municipal Market Analytics' Matt Fabian.

The American Trucking Association touts its Build America Fund as a much better solution to financing infrastructure than tolls or public-private partnerships.

Sen. James Lankford, R-Okla., and Rep. Robert Pittenger, R-N.C., have asked the GAO how many tax-exempt munis were used for abortion-related facilities during the past 20 years and what was the associated federal tax liability.

Tax-exempt private activity bonds, which came close to being terminated in tax reform legislation, are now a centerpiece of the Trump administration's leaked infrastructure plan -- and market participants hope to use this as a springboard for a return of tax-exempt advance refundings.

President Trump's purported latest infrastructure plan would remove state volume caps, advance refunding prohibitions and state volume caps from private activity bonds used for infrastructure.

Sens. John Cornyn, R-Texas, and Mark Warner, D-Va., introduced their bill to expand PABs the same day that the U.S. Chamber of Commerce recommended such an expansion in its four-part infrastructure plan.

Municipal Securities Rulemaking Board members meeting here next Wednesday and Thursday will discuss the market comments it received on whether to write new rules or guidance on primary market practices.

A bipartisan group of House lawmakers have issued a report calling for the state volume caps to be removed for private activity bonds used to help finance infrastructure projects.

While the latest principles for President Trump's infrastructure plan may not be released until February, several Democrats have introduced bills for competitive grant programs for infrastructure projects.

A tale of two bond-financed fertilizer projects in the Midwest -- how one is thriving with the IRS' blessing on the bonds and the other is at a virtual standstill and in a dispute with the tax regulator.