Private activity bonds

The Public Buildings Renewal Act would authorize $5 billion in private activity bonds for the construction or rehabilitation government-owned buildings.

Presidential candidate Sen. Amy Klobuchar rolled out her trillion dollar infrastructure plan, supporting Move America and Build America bonds.

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Federal transportation officials authorized another $950 million in private activity bonds for Brightline, also known as Virgin Trains USA.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.

If the IRS fails to provide a regulatory fix, two members of Congress may address the issue legislatively in bicameral affordable housing legislation that had wide bipartisan support in the last Congress.

A finding of sub-standard cement at Denver International Airport's $650 million terminal redevelopment project shows that the government and developer in a public-private partnership both must adapt to unforeseen events.

The Bond Dealers of America pushed for legislative support of the muni market during a Capitol Hill briefing Tuesday.

The Florida Development Finance Corp. said another meeting will be scheduled to finish taking public comment on financing for the passenger train project.

A wide variety of projects would be eligible under the bill, including airports, ports, transit, and more.

FA Jeff Larson said the $2.7 billion in nonrated bonds are expected to price in late March.

The Florida Development Finance Corp. has also changed the date and location of the meeting where it will decide if it will approve the bonds.

Lawmakers are weighing legislation that would authorize $100 million of special purpose revenue bonds to build and operate the plant.

The Florida Development Finance Corp. has been asked to approve a third private activity bond allocation for Brightline/Virgin Trains.

The private passenger train operation that debuted as Brightline says it will stay private for now.

None of the 12 recommendations require congressional action and all are within the scope of the administrative powers of the IRS, according to NABL.

Indian River County will file an appeal as it continues fighting against private activity bond financing for the passenger rail project.

The initial public offering will raise up to $540 million to expand Florida's passenger train system and acquire the Las Vegas XpressWest project.

Until a clarification is issued, bond lawyers are requiring that the rental units be open to all who qualify without any preferences for special groups such as veterans.