The twice-annual call for unsolicited proposals is part of what the state dubs one of the most ambitious P3 transportation programs in the country.

The spending plan includes $2 billion toward a 16-year transportation package.

Illinois' current budget surpluses offer an opportunity to help bolster the state's fiscal foundation as it navigates persistent pension strains and economic threats, the Commission on Government Forecasting and Accountability said.

A forecast anticipates an additional $1.2 billion in revenues for the upcoming fiscal year.

For a third spending cycle in a row, there was tension over funding for the Kentucky Wired public private partnership deal.

A new law in empowers Utah to keep an eye on debt issuance by newer development authorities and a transit agency, as well as approve P3s involving state funds.

Even deals that go bankrupt can be seen as successes in the U.S. P3 market, which may face an "inflection point" with the new infrastructure law.

Illinois lawmakers are advancing a bill that allocates $2.7 billion of the state's ARPA relief to pay down a $4.5 billion federal unemployment insurance loan.

Senate Banking Chair Sherrod Brown said Thursday he expects a Senate vote next week to confirm President Biden’s Federal Reserve nominees, though the timing may be affected by GOP opposition to Lisa Cook, who would be the first Black woman on the Board of Governors.

Gov. Phil Murphy proposes to make an additional $1.3 billion deposit into the state’s Debt Defeasance and Prevention Fund.