Infrastructure

After days of debate, Nebraska lawmakers last Saturday approved a bill that will divert a slice of the state’s sales tax to finance road projects.

Illinois Gov. Pat Quinn and U.S. Sen. Dick Durbin last week announced a $685 million agreement that advances plans for a high-speed rail network between Chicago and St. Louis.

WASHINGTON — A federal bankruptcy judge has approved the restructuring and reorganization of the debt of the Connector 2000 Association, a beleaguered toll road operator in Greenville, S.C.

Travis County may establish a tax increment financing district to build roads and other public infrastructure serving the 3.4-mile Formula One Grand Prix racetrack being built outside Austin.

The Arkansas Senate approved a ­measure last week that would allow the governor to put a 5-cent per gallon ­increase in state gasoline taxes on a statewide ­ballot.

DALLAS — The North Central Texas Council of Governments is considering funding for a proposed $1.4 billion commuter rail line from southwest Fort Worth to the north Dallas suburb of Plano.

BRADENTON, Fla. — Florida lawmakers are moving forward to consolidate three toll-road authorities in a revised plan that now excludes the financially ailing Santa Rosa Bay Bridge Authority, which appears headed for a bond payment default this year.

WASHINGTON — A South Carolina bankruptcy judge held a hearing Friday to consider the restructuring plan for the Connector 2000 Association Inc., the bankrupt South Carolina toll road operator, setting up the issuer’s exit from bankruptcy after years of uncertainty for bondholders.

Gov. Chris Christie proposes allocating $140 million of funds in fiscal 2012 to support $1.18 billion of New Jersey Transportation Trust Fund Authority borrowing.

BRADENTON, Fla. — Delta Air Lines Inc.’s 25% service reduction at Memphis International Airport could be a harbinger of future cutbacks at the Tennessee hub and other airports as carriers respond to sharply increasing fuel prices, according to rating agency analysts.