Finance, investment and tax-related legislation

States so far have taken the lead in mileage-based user fee programs, which would now be taken up on the federal level for the first time.

A fresh debate on the debt ceiling could come as soon as December, as Congress also faces deadlines on surface transportation and stopgap government funding.

A deal to lift the debt ceiling through November would buy Congress time to hammer out Democratic agreement on the Build Back Better plan.

Smaller issuers like rural hospitals and charities are often blocked from issuing bank-qualified debt under current rules, which would change under a reconciliation bill provision.

Tax-exempt advance refundings emerge as the top priority for muni market participants as Congress debates reconciliation budget measure.

Congress approved a one-month extension of surface transportation programs, buying more time to continue negotiations over infrastructure and budget bills.

Mayors are urging Congress to preserve major housing support in the reconciliation bill.

The growing P3 sector would enjoy a boost across many markets, including rural broadband, under P3-friendly provisions in the bipartisan infrastructure bill.

Congress this week will take up bills closely watched by the muni market, including infrastructure, budget and debt ceiling measures.

Cities and representatives from the National Urban League said the infrastructure bill would be a huge boost for cities and underserved neighborhoods.