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The agreement would include emergency disaster relief funding for Puerto Rico, the U.S. Virgin Islands, Florida and Texas that was approved by the House in December.

NABL details at least seven alternatives for outstanding bonds as well as five ways that new bond transactions can be structured.

Some bond lawyers don't see a replacement for tax credit bonds, which were banned after last year by the new tax law.

Identical bipartisan bills introduced in the House and Senate would provide a new source of funding for state revolving fund programs that would enable states to expand assistance to communities for water infrastructure projects.

While President Trump gets praise for pushing for $1.5 trillion of new infrastructure investment, leaked draft plans for a bill have already raised questions and sparked controversy.

Historically, the vast majority of state and local government series securities were purchased for advanced refunding escrows until tax-exempt advance refundings were banned after 2017.

It will take some time to see how both tax reform and infrastructure makes an impression on the muni market, said panelists at The Bond Buyer's National Outlook 2018 Conference.

During his State of the Union address, President Trump also embraced the recent call by the U.S. Chamber of Commerce -- without mentioning them –- to reduce the permitting approval process to two years or less for infrastructure projects.

S&P Global Ratings is alerting municipal market investors that an expected increase in property tax challenges by big box retailers could put stress on municipal finances.

A left-leaning, nonprofit group claims the president's infrastructure plan will maximize revenue for private parties and incentivize state and local governments to take on debt.

President Trump may be laying the groundwork for a war with environmental groups with his draft legislative plan to streamline the environmental process for infrastructure projects.

Will President Trump trumpet infrastructure in his State of the Union address? Will there be specifics on a plan? Will the Federal Open Market Committee recommend a rate hike? The market will be watching.

Ohio businessman Dan Slane said his list of 50 emergency and national security projects is "going nowhere."

Mayors are concerned the federal government is going to contribute far less funding to infrastructure projects.

The Democrats' draft bill would be "a great way to make sure that no U.S. territory ever borrows in the muni market again," said Municipal Market Analytics' Matt Fabian.

The American Trucking Association touts its Build America Fund as a much better solution to financing infrastructure than tolls or public-private partnerships.

New Jersey and New York lawmakers offer a bill to boost local finances by allowing homeowners who prepaid 2018 property taxes to fully deduct them.

Sen. James Lankford, R-Okla., and Rep. Robert Pittenger, R-N.C., have asked the GAO how many tax-exempt munis were used for abortion-related facilities during the past 20 years and what was the associated federal tax liability.

Tax-exempt private activity bonds, which came close to being terminated in tax reform legislation, are now a centerpiece of the Trump administration's leaked infrastructure plan -- and market participants hope to use this as a springboard for a return of tax-exempt advance refundings.

President Trump's purported latest infrastructure plan would remove state volume caps, advance refunding prohibitions and state volume caps from private activity bonds used for infrastructure.