Infrastructure

Sen. David Vitter, R-La., has reintroduced legislation that would prevent the federal government from providing assistance to any state or local government, including loans, loan guarantees, lines of credit, and grants. It would, of course, have exceptions for responses to disasters like Hurricane Katrina.

New study recommends adding a separate account within the Highway Trust Fund for multimodal transportation infrastructure projects.

Two senators have proposed a corporate tax repatriation plan to pump billions of dollars of new revenue into the Highway Trust Fund.

President Obama plans to propose a revised version of last year's $302 billion, 4-year transportation bill.

Reps. John Duncan, R-Tenn., and Bill Pascrell, D-N.J., have once again sponsored legislation to exempt water and sewer private-activity bonds from state volume caps.

Sen. Bernie Sanders, I-Vt., proposes a $1 trillion transportation bill that would put $75 billion a year into the Highway Trust Fund.

A major Northeast winter storm caused issuers to postpone about $1.7 billion of bond sales , including a $1 billion Pennsylvania GO offering.

New Maryland Gov. Larry Hogan included funding for the state's two light rail P3 projects in his fiscal 2015 budget.

A congressional bipartisan duo filed a bill to capitalize a $50 billion infrastructure bank with 50-year taxable bonds bearing 1% interest.

Sen. Rand Paul, R-Ky., is developing legislation that would dedicate revenues from corporate tax reform to federal highway funding.

The All Aboard Florida private passenger train project has received a $1.75 billion federal private activity bond allocation along with conditions that impose a tight timeframe to issue the debt..

President Obama called for bipartisan support for a multiyear transportation funding bill without providing specifics on pay for it.

Seattle's Sound Transit gets a $1.3 billion federal loan to revive voter-approved $4 billion light rail project stalled by revenue drop.

Municipal market participants applauded President Obama’s proposal on Friday to create a new type of tax-exempt municipal bond that could be used to help finance public-private infrastructure projects, but one questioned whether it will pass muster with Congress.

The Senate Finance Committee took a step toward comprehensive tax reform on Thursday by launching five bipartisan working groups charged with issuing a report with recommendations by the end of May.

Weakening gasoline tax revenues will force Missouri to concentrate limited financial resources to road work on major arteries.

Chamber of Commerce chief Tom Donahue says oil price drop makes federal gas tax increase seem more attractive.

Municipal bonds could get caught up in corporate tax reform, particularly if infrastructure financing is involved, a former Treasury Department official said.

Maine's $2 billion, three-year transportation program is designed to upgrade the state's infrastructure despite sluggish federal highway funding.

The $996 million federal grant Massachusetts received to extend a Boston-area Green Line streetcar route is a credit positive, said Moody's.