Infrastructure

A referendum New Jersey voters approved Tuesday that dedicates all gas tax revenue to transportation projects marks the final step in a credit negative tax package adopted in October, according to Moody's Investors Service.

The constitutional amendment passed by Illinois voters putting transportation related revenues in a lockbox was labeled by Moody's Investors Service as a negative credit factor for the state.

Voters approved more than $200 billion of bonds, tax extensions, and new revenues for roads and transit.

President-elect Donald Trump's promise to rebuild the nation's infrastructure is resonating with Republican and Democratic lawmakers, but could spell trouble for municipal bonds.

The stage for is set for historic tax reform that could imperil the tax exemption for municipal bonds.

Republicans’ sweeping victories of the White House and Congress set the stage for historic tax reform and increased spending on infrastructure next year, but imperil the tax exemption for municipal bonds.

Some Mississippi Democratic legislators want to void a state tax cut to fund roads.

Former Chicago Transit Authority manager John Dalton will oversee the long-delayed Green Line extension project in Greater Boston, the MBTA announced.

Voters in Virginia Beach, Va., are split almost evenly on a light rail proposal to appear on Tuesday's ballot that could generate up to $8.3 billion in real-estate development in the seacoast town.

The Southeastern Pennsylvania Transportation Authority’s bondholders face only minimal risks from a six-day transit strike in Philadelphia that ended early Monday, according to Moody’s Investors Service.