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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.
By Lynn HumeJanuary 25 -
The American Trucking Association touts its Build America Fund as a much better solution to financing infrastructure than tolls or public-private partnerships.
By Lynn HumeJanuary 24 -
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.
By Lynn HumeJanuary 23 -
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.
By Lynn HumeJanuary 22 -
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.
By Lynn HumeJanuary 22 -
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.
By Lynn HumeJanuary 19 -
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.
By Lynn HumeJanuary 17 -
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.
By Lynn HumeJanuary 10 -
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.
By Lynn HumeJanuary 10 -
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.
By Lynn HumeJanuary 8