Private activity bonds

With a tax bill on the table that places the cost of tax cuts on the municipal finance market, the time to voice opposition is now.

The owners of Florida’s private passenger train project want to beat the Jan. 1 expiration date of a private activity bond allocation.

The 2017-2018 plan contains one new item — private activity bond guidance.

Bond attorneys expressed dismay the public notice requirement would remain 14 days.

Multifamily housing bond issuance more than doubled in 2016 to $14 billion.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The previous peak in PAB issuance was $14.5 billion in 2010, CDFA said.

Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.

The remaking of 10 miles highway through Denver and its suburbs is the largest project in Colorado Department of Transportation history.

NABL calls for changes in bond-related tax laws and rules to spur infrastructure financing.

PAB allocation procedures differ among states; IRS only tracks these bonds on a per project basis.

The bonds will take out $210.7 million of bond anticipation notes issued last week to redeem $246 million of private activity bonds.

State-backed bonds will replace PABs that were headed for default as Indiana takes over a road project that's become a poster child for P3 woes.

Bennet said six of the 90 counties qualifying for the designation are in Colorado.

Year's end is the new target to launch the first segment of the Brightline train service.

All Aboard Florida foes urged USDOT to use “extreme caution” reviewing a loan for the train project.

Two House lawmakers reintroduce the Sustainable Water Infrastructure Investment Act.

The Indiana Finance Authority approved its takeover of a struggling highway public-private partnership.

The developer of a Florida passenger train service may forgo private activity bonds.

Laura Whittall-Scherfee will direct a California agency that finances affordable housing.