Infrastructure

New Jersey Gov. Chris Christie signed legislation Monday allocating $400 million from the state's Transportation Trust Fund for immediate road, bridge and transit projects in the current fiscal year.

How might infrastructure initiatives from President Trump affect state and municipal issuers, and the capital markets? John Hallacy and Paul Burton discuss.

Time is running short for Illinois to move forward with a public-private partnership to install managed lanes on a state interstate, Gov. Bruce Rauner warned lawmakers Monday.

Bill raising Tennessee gas tax paves way for Nashville vote on sales tax for transit.

The New Jersey Turnpike Authority is likely to face spread penalties for its $525 million revenue bond deal this week, but strong demand is still expected despite the state's credit woes.

St. Louis is seeking federal approval to explore a privatization of St. Louis Lambert International Airport as a means to generate private investment in the air field and funds for city use.

Airport executives tell Senate panel that raising the passenger facility charge would help fund needed improvements.

A 15-cent increase in Kansas fuel taxes would support $264 million per year in highway projects, boosting economic activity by nearly $600 million, according to a road-building industry report.

A courtroom hearing next month will determine whether California can issue a portion of nearly $10 billion of voter-approved bonds for its high-speed rail program.

President Trump’s proposed Fiscal Year 2018 budget would cause a major setback to plans for a long-stalled Gateway rail project connecting New Jersey and Manhattan, lawmakers and transportation advocates warned.