Infrastructure

Millions of jobs and billions of dollars in state road and transit projects are at risk unless a multiyear federal transportation bill is in place by the end of May, Senate Finance Committee Democrats warned on Tuesday.

A $967 million federal loan for commuter rail safety technology represents "a very favorable position for the MTA," said finance manager Patrick McCoy.

Public-private partnerships may become an important tool for transportation financing, but must overcome political and social hurdles in the U.S.

Maryland Gov. Larry Hogan wants major cost reductions in Purple Line P3 rail proposal or he'll kill the project.

Airline advocates told Senate Commerce Committee members at a hearing on Thursday that there is no need to almost double the federal passenger facility fee that airport executives contend is necessary to fund terminals and other facilities needed to meet projected growth in air traffic.

An economic study says Maryland’s proposed $2.45 billion Purple Line light rail would boost area’s income and job opportunities.

Unclogging the congested road and bridge connections linking ports with land trade routes will cost $29 billion by 2025, an AAPA survey has found.

Proposed state legislation in California would raise the gasoline tax to generate an additional $3 billion a year for transportation projects.

Congressional proposals filed Thursday to bolster the Highway Trust Fund include a a 66% increase in the gasoline tax and corporate tax reform.

Virginia terminated its ties with a toll-road developer after spending almost $300 million on the $1.4 billion project.

A $15.1 billion, 16-year transportation package proposed by Washington State House Democrats includes more than $8 billion of new projects to be funded with an increase in the state gasoline tax and up to $4.3 billion of state general obligation bonds.

Lower pump prices are boosting fuel consumption and vehicle miles traveled, leading to higher gas tax collections, a trend Moody’s Investors Service expects to continue over the near-term.

Tax reform proposals to curb tax exemption for municipal securities would create uncertainty in the market, possibly lead to higher borrowing costs, and hurt infrastructure development, issuer and borrower groups warned a Senate Finance Committee working group this week.

Congress should consider raising motor fuels taxes to shore up the dwindling Highway Trust Fund, a bipartisan grassroots group advocating responsible fiscal policy said this week.

The new Florida Development Finance Corp. board on Tuesday delayed reconfirming the agency's decision to be the conduit for $1.75 billion in private activity bonds for the All Aboard Florida train project.

The Department of Transportation is soliciting applications from public entities for $500 million of grants to help finance transportation projects across the country and will hold the first of four webinars on the application process on Wednesday.

The federal government will run out of money for transportation and other infrastructure projects in late July or August, roughly two months later than expected, Transportation Secretary Anthony Foxx said Thursday.

State lawmakers have approved more than $1 billion a year of new local transportation funding in 2015 with more to come.

Indian River County, Fla., Tuesday filed a lawsuit asking a federal judge to block the issuance of $1.75 billion in private activity bonds for the All Aboard Florida private train project.

A group of conservative House Democrats wants a hearing on fixing the Highway Trust Fund when Congress returns from its two-week Easter recess.