Infrastructure

The North Carolina General Assembly passed a bill clarifying that a regional commission should operate Charlotte Douglas International Airport.

Airports want to double the federal passenger facility fee of $4.50 per head, but airlines see no need for the increase.

With workforce reductions and lower gas tax revenues, the Oregon Department of Transportation will be challenged, according to a recent audit.

Standard & Poor's raised its various ratings on New York's MTA, including an elevation of its transportation revenue bonds to AA-minus from A-plus.

While states' credit ratings haven't been affected much by climate-related issues, primarily because the federal government has provided aid for those hit by disasters, that assistance may not always be available, a Standard and Poor's official said Tuesday.

Moody's Investors Service has lowered its ratings on $8.5 billion of state and transit agency stand-alone grant anticipation revenue vehicle bonds supported by dwindling revenues from the Highway Trust Fund.

A positive outlook from Fitch Ratings on E-470 Public Highway Authority signals a possible upgrade on the tollway's BBB-minus credit.

The Securities and Exchange Commission's investigation of the Port Authority of New York and New Jersey must determine if investors needed to know about $1.8 billion of controversial spending, securities law experts said. Others said any SEC enforcement action would not be a fix for the authority's problems.

Foreign equity investment interest in U.S. public-private partnerships at all-time level, a House P3 panel was told.

Texas is preparing to pour $1.85 billion into the bond market with issues from three state agencies in June.