Infrastructure

The Highway Trust Fund will be insolvent this summer without new revenues to bolster gas tax collections, CBO says in new analysis.

On the final day of the legislative session, Utah lawmakers passed a bill that raises the state fuel tax for the first time since 1997.

The California Supreme Court will review appellate court ruling that San Diego Association of Government's 40-year transportation did not meet environmental laws.

The Central Florida Expressway Authority will close on a $193.7 million TIFIA loan March 25 as part of the financing for the Wekiva Parkway.

A higher federal gasoline tax offset by an income tax rebate could unsnarl the revenue gridlock in Congress blocking a multiyear highway bill, ARTBA says.

Given the magnitude and condition of U.S. infrastructure and the Federal push to "level the playing field" by expanding the availability of tax-exempt finance for public-private partnership procurements, the U.S. is poised to become a very active and substantial P3 market.

An Australian fund manager’s $5.72 billion bid for the 75-year lease of the Indiana Toll Road bodes well for the P3 sector and suggests rising interest among pensions in investing in American infrastructure.

Road builders association says it has a plan to untangle the congressional gridlock on federal transportation funding.

An Australian company is set to pay $5.7 billion for the 75-year lease of the Indiana Toll Road from the bankrupt company that bought it for $3.8 billion in 2006.

Increasing the federal gasoline tax by 10 cents per gallon to generate enough revenue to fully fund a multiyear federal transportation bill could, in turn, be offset by a 2% drop in the top margin income tax rate, the nonpartisan Tax Foundation said in a recent report.