Infrastructure

Infrastructure like vertiports may be financed with municipal bonds.

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.

From leases for floating wind farms to projects nearly finished with construction, no offshore generation project is safe from the Trump administration.

The Trump administration's immigration policies are "undermining the country's ability to build infrastructure and construction programs," the Associated General Contractors of America said.

With Congress back in session the lobbying for infrastructure funding is heating up.

The bill enjoys the support of local government and public utility groups.

The state has teed up a $21.5 billion, six-year transportation budget as it deals with the fallout from federal workforce cuts, a credit downgrade, and a feud with the Trump administration.

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.

The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."