Infrastructure

Keeping the full tax-exemption for municipal bonds will be vital to America’s plans for rebuilding its infrastructure, Scott Pattison, executive director and CEO of the National Governors Association, said on Tuesday.

West Virginia Gov. Jim Justice wants a higher gasoline tax to support up to $2.8 billion of road bonds.

Two corporate executives and lobbyists told treasurers meeting here on Monday that they are hearing positive things about municipal bonds from legislative staffers, but a senior tax staffer from the Senate Finance Committee said tax reform may slip into 2018.

Texas Central Rail has dropped eminent domain lawsuits due to “positive dialogue” with many landowners.

Expanding the use of private activity bonds to more projects could be essential part of President Trump’s infrastructure program.

Companion bills introduced in the House and Senate would allow state and local governments to issue up to $5 billion of private activity bonds to finance the repair or construction of public buildings under public-private partnership arrangements.

Tax-exempt municipal bonds are critical to any infrastructure plan, a county official representing the National Association of Counties said at a hearing held by a Senate committee on Wednesday.

President Trump, in promising massive transportation investments, did not mention what the fiscal impact would be on interest rates. Nor did he discuss the critical role of local and state governments in financing the nation’s public infrastructure.

California Republicans have asked the Trump administration to block federal aid to the state's high speed rail project.

Projects in South Carolina’s $5 billion infrastructure request includes interstate highway upgrades and harbor dredging.

DALLAS – President Trump’s infrastructure proposal’s reliance on public-private partnerships to rebuild America’s crumbling highways would provide limited benefits to urban areas while leaving rural states out of the mix, according to a coalition of truckers and shippers opposed to tolls on interstate highways.

Sen. Deb Fischer, R-Neb., introduces bill to obtain revenues for the Highway Trust Fund and New Democrat Coalition forms infrastructure task force.

Tennessee House GOP leaders are at odds with Republican Gov. Bill Haslam over road funding proposals.

CDFA plans to support tax-exempts and promote legislation to ease restrictions on bonds, according to its 2017 policy agenda

President Trump’s promise of infrastructure action in first 100 days slipping away, experts say.

Business executives tell House panel there are many avenues to increase infrastructure funding.

Louisiana may rely on a P3 to finance the widening and other upgrades to Interstate 10 in Baton Rouge.

Republicans in Wisconsin legislature ask planners for more realistic estimates of highway project costs.

The cost of major road projects in Wisconsin is twice as much as highway planners estimated, audit finds.

The Port of Oakland this week asked a large stakeholder task force to look for operating efficiencies in preparation for an ambitious construction agenda this year.