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The PFC is capped at $4.50 and that hasn’t been raised since 2000.

The $1.9 trillion American Rescue Plan includes $350 billion in direct state and local aid.

A group of GOP senators is working to put together a more traditional infrastructure bill that would range from $600 to $800 billion dollars.

His departure comes as lawmakers are working quickly to put together an infrastructure bill, with hopes of including key municipal bond provisions.

A VMT fee was also the consensus way to pay for infrastructure during a Senate EPW Committee hearing on Wednesday.

The three-pronged Local Infrastructure Financing Tools Act was introduced Friday by Rep. Terri Sewell, D-Ala.

Two competing congressional bills propose different political paths for Puerto Rico to follow.

A case settled this week was the first brought in decades by FINRA for a rule violation on quotations.

Statehood for the District of Columbia continues to face a Republican roadblock in the Senate where a 60-vote supermajority is needed for passage.

The agenda includes discussion of possible changes to MSRB Rule G-10, on investor and municipal advisory client education and protection.

He starts next month a the new president and CEO of the Utah Housing Corp.

Gretchen Sierra Zorita will serve as deputy director for Puerto Rico and the Territories in the White House Office of Intergovernmental Affairs.

Instead of trying to spend more within traditional programs, the federal government should design more modern policy, Brookings experts said.

Municipal bonds, issued by state and local governments, finance infrastructure investment and should be the foundation of any modernization package.

OMB Acting Director Shalandra Young described the summary as “the administration’s proposal for topline FY 2022 discretionary funding.”

Illinois is among the states that critics say have downplayed their unfunded long-term debts and should be forced by new GASB rules to become more transparent.

If an infrastructure bill does go through a partisan route, municipal bonds’ future could be very fluid.

The administrative shuffle also means that Edward Killen, who had been promoted to Acting Commissioner of TEGE, will return to the role of deputy.

These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.

The EPA would be responsible for administering the new grant program, should it become reality.