Private activity bonds

Cheered by the inclusion of key muni market priorities in tax legislation unveiled over the weekend, muni market advocates must now battle to keep them there.

Adovactes are hopeful a provision cutting in half the required PAB-financing for low-income housing projects will be in the upcoming reconciliation package.

The House's powerful speaker will need to win the votes of moderates.

The legislation passed the Senate by 69-30 setting the stage for House lawmakers to work on it and for Senate Democrats to weigh a social infrastructure agenda.

A project that dealt municipal bond investors one of the biggest high-yield defaults of the past decade is about to ask them for more cash

While the bipartisan deal includes some helpful provisions, it does not contain any of the top priorities of municipal bond market advocates.

Wednesday will be the first Senate vote on advancing a bipartisan infrastructure deal.

State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.

Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.

The roughly $1 trillion bipartisan plan would rely heavily on municipal financing tools to achieve $1 trillion in investment with any new federal taxes.