Private activity bonds

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

The Council of Development Finance Agencies recommends that conduit issuers cover their costs by imposing fees.

Proceeds will finance a 6.7-mile section of the North Tarrant Express to add four toll lanes to a section of Interstate 35 north of downtown Fort Worth.

Republican Rep. Tim Burchett of Tennessee touts his bill as “a good example of giving businesses an incentive to lower carbon emissions without forcing it upon them with regulations.”

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

A strong economy has resulted in more success for tolled managed lanes than many skeptics anticipated.

Morgan Stanley will price the flexible-rate deal with a 1.95% coupon, according to pre-sale pricing guidance.

Under the bill, if more than 65% of carbon dioxide emissions from a given facility are captured and injected underground, then 100% of the eligible equipment can be financed with PABs.

The association filed a court brief supporting Indian River County’s appeal of private activity bonds for the privately owned passenger train project.

About half of the multifamily housing units built nationally that use the federal 4% Low Income Housing Tax Credit are financed with tax-exempt PABs.