Infrastructure

The five-year federal transportation funding act and state initiatives will boost infrastructure construction next year, ARTBA said.

President Obama signed a five-year, $305 billion transportation funding bill on Friday.

The House passed a multiyear transportation funding bill on Thursday that provides $305 billion over five years.

The National Association of Bond Lawyers is urging tax regulators to liberalize existing safe harbors for longer term management and service contracts and to consider rule changes to facilitate the use of tax-exempt bonds in public-private partnerships financing infrastructure projects.

General revenue offsets totaling $70 billion in the five-year highway bill must cover a shortfall in gas tax collections.

The transportation conference committee on Tuesday reported a five-year bill that provides $305 billion of federal funding.

The conference committee on the transportation bill revived a transit funding program aimed at congested urban areas.

Democratic presidential contender Hillary Clinton proposed $275 billion of new federal infrastructure funding at a campaign rally in Boston on Sunday.

Transportation Secretary Anthony Foxx said he expects Congress to agree on a multiyear highway bill by Christmas.

Existing P3 arrangement will be expanded by Virginia to include tolls on high-occupancy interstate highway lanes near Washington, D.C.

A compromise measure reconciling House and Senate transportation funding bills could be ready for action next week.

New York State Assemblyman Phillip Goldfeder, D-Queens, examines outer-borough growth and transit needs in New York City, as well as efforts to harden its water-exposed neighborhoods.

Managing a successful transportation P3 requires political support and public approval from the beginning of the process, experts say.

Legislative gridlock in Congress over long-term transportation funding is causing problems for the states.

The Senate will consider a House-approved transportation appropriations bill that keeps fiscal 2016 highway funding at fiscal 2015 levels.

House Transportation and Infrastructure Committee leaders have introduced a bill that would extend transportation funding through Dec. 4 to give House and Senate conferees time to negotiate a multiyear measure.

New York and New Jersey announced a deal to allow a long-stalled Amtrak tail runnel project between New York and New Jersey to move full steam ahead.

The Federal Transit Administration estimates that more than $131 billion will be needed for transit systems in poor and marginal condition, including almost $86 billion to replace infrastructure that has already exceeded its useful life, Moody’s Investment Service said in a report issued on Thursday.

As many communities struggle, the capital necessary for investment may be hidden in plain sight with community development finance institutions.

Maryland gets $27.9 million grant to study a 40-mile magnetic levitation train route expected to cost $10 billion.