Infrastructure

Oregon panel says state needs an additional $964 million per year to maintain and protect its existing transportation infrastructure.

Airport groups, public power systems and a muni advocate group have joined the growing chorus of muni market participants calling for the Internal Revenue Service to withdraw its proposed rules on political subdivisions.

House Appropriations Committee adopted a proposal to increase highway and transit funding by $1.25 billion in 2017.

State and national transportation groups oppose Senate plan to reclaim more than $2 billion of unobligated highway funds.

California cut or delayed $1.5 billion of projects from a five-year road program as gas tax collections continue to fall.

Four port authorities and a wholesale electricity provider are warning that rules proposed by the Treasury Department and Internal Revenue Service earlier this year could hurt their standing as political subdivisions and their ability to issue bonds as well as complicate their governing structures.

U.S. transit operators say reliable, dedicated funding is needed to resolve growing maintenance problems.

California is beginning to address some key infrastructure gaps, Wells Fargo analysts said in a report.

House appropriations panel adopts a fiscal 2017 transportation budget that incorporates FAST Act funding.

The New York Metropolitan Transportation Authority’s operation of its federally mandated Access-A-Ride program has been marked by waste, mismanagement and widespread service failures, according to an audit released on Tuesday by Comptroller Scott M. Stringer.

Both 10-year transportation funding plans proposed by Minnesota Gov. Mark Dayton include $2 billion of road bonds.

Minnesota Gov. Mark Dayton will propose a compromise transportation funding bill to resolve a legislative deadlock.

Washington State Treasurer and National Association of State Treasurers president Jim McIntire this week called on the federal government to play a more active role in securing infrastructure funding for local governments and called on lawmakers to protect the tax-exempt status of municipal bonds to fund such projects.

The next president and new Congress have an opportunity to reverse the ongoing decline in the nation's aging infrastructure.

Rep. Randy Hultgren, R-Ill., warned House subcommittee leaders considering tax reform proposals on Thursday that a cap or elimination of tax exemption for municipal bonds could raise the cost of infrastructure projects in their own districts.

A Colorado lawmaker’s proposal for a $3.5 billion state road bond referendum fails in the final hours of 2016 session.

The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.

A California authority and a high school district said this week that they are prepared to file a protest and appeal of an expected Internal Revenue Service proposed adverse determination that $25.4 million of tax-exempt variable rate demand bonds are taxable.

The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.

Colorado Senate has approved a $3.5 billion road note package that could go to voters in November.