Economy

Standard and Poor’s assigned a BBB-minus rating to a $300 million Transportation Infrastructure Finance and Innovation Act loan for the 95 Express Lanes in Virginia.

Including more poor residents in Louisiana’s Medicaid health-care program would cost the state almost $4 billion over 10 years, the head of the state health department said.

Kentucky has chosen Walsh Construction Co. to build the so-called “downtown crossing,” Kentucky’s share of the massive Ohio River Bridges Project.

Georgia Gov. Nathan Deal will seek an additional $50 million in funding for the Savannah Harbor Expansion Project

Missouri's Mercy Health saw strong retail and institutional interest on its $250 million new-money issue for capital projects -- including the replacement of its Joplin hospital destroyed by a May 2011 tornado.

Michigan senators Tuesday approved a bill that is part of a larger legislative package to create a bond-issuing regional transit system for the Detroit metro area.

The Ohio Department of Transportation last week issued a request for qualifications from firms interested in partnering on the state’s first public-private partnership project, a $332 million bridge in downtown Cleveland.

Michigan Gov. Rick Snyder last week said the state has still not made a final decision about whether to create its own health insurance exchange or let the federal government run one as part of the new federal health care law.

Rep. Bill Shuster appears to have secured his chairmanship of the House Transportation and Infrastructure Committee after receiving the blessing of current chairman John Mica.

Miami-Dade County hopes retail investors will take interest in a $790.05 million offering this week to refund bonds sold for Miami International Airport.

Williamson County, Texas commissioners last week authorized the use $36 million remaining from a $228 million road bond program approved by voters in 2006.

Moody's has placed New York University Hospitals Center's A3 bond rating under review, after the continued closure of Tisch Hospital following Hurricane Sandy.

Following a downgrade from Fitch Ratings, Burlington, Vt., is planning to sell $26.4 million of airport refunding revenue bonds this week.

DALLAS – A plan to issue $25 million of state lease revenue bonds to repair a Tulsa dam was unanimously rejected as unconstitutional Tuesday by the Oklahoma Supreme Court.

Louisiana will use proceeds from $110 million of bonds to build a two-mile segment of an interstate highway project that will link Midwest industries to Gulf ports.

Texas Gov. Rick Perry is fending off allegations that the $3 billion cancer research bond program that won statewide voter approval in 2007 is funding projects for his campaign contributors.

The Federal Transit Administration notified Congress on Monday that it will sign by year-end a $1.55 billion full funding grant agreement to help fund Honolulu’s $5.2 billion elevated rail project.

A group pushing for development of a $1.3 billion regional mass-transit system in two central Indiana counties renewed their push last week, urging lawmakers to approve a voter referendum.

There is more new leadership at the American Association of State Highway and Transportation Officials, as the group voted this week to elect Rhode Island Transportation Director Michael Lewis as the association's president for the next year.

The New Mexico Transportation Commission will detour the wreckage of the New Mexico Finance Authority with $215 million of refunding bonds.