Washington DC

As the level and delivery of infrastructure funding becomes increasingly uncertain and political, proponents of a national infrastructure bank are making their case.

Lifting the PABs cap is a priority for transportation advocates, lawmakers from both sides of the aisle and the Trump administration.

The continuing resolution would also kick the debate over the next surface transportation bill to the lame duck session.

President Trump took center stage at the announcement of $20 billion of upgrades to Washington Dulles International Airport, but financing was left to munis.

The Save America Act remains at a chokepoint, pitting President Trump against Senate Majority Leader Thune, while counties weigh in against the measure.

The filing comes after the MSRB in January published a request for comment seeking input on draft amendments to Rule G-27.

During the meeting, the board also approved a $48 million FY2027 budget, representing a 3.7% increase from the MSRB's FY2026 budget.

Muni ETFs experienced "some of the most severe and prolonged pricing dislocations across all ETF categories in March 2020," the paper said.

Congress should also eliminate the mass transit account from the Highway Trust Fund, and consolidate all federal fuel tax revenues into the HTF, the USDOT proposed.

The rules governing the cap on state and local tax deductions have been changed in each Trump administration and greatly debated in the muni community as new research shows the cap may have boosted inflows into bonds.

Washington, D.C. and the House Oversight Committee are squabbling over tax policy as the federal government weighs legislation that would prevent the city from raising taxes without Congressional approval.

While NAMA believes FA references should be eliminated, it urged the MSRB to address the proposed amendments as part of its retrospective review of MA rules.

The effects of the 21st Century ROAD to Housing Act are already being sized up as the impetus for maximizing their intentions may fall on local public finance and regulatory policies.

Action on a surface transportation bill, however, is likely to be delayed until September.

The House Transportation and Infrastructure Committee renews a push for major FEMA reform that's endorsed by local governments while the Senate attempts to influence change from within the agency.

The district is planning to bring $1.17 billion of revenue bonds to the market next week.

"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.

Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.

The Build America Bureau "continues to work with the project sponsor to obtain the information required for the creditworthiness review," said a USDOT spokesperson.

The updated FAQs offer "important insights about recordkeeping requirements related to new issue pricing," NAMA Executive Director Susan Gaffney said.