Private activity bonds

Republicans have repeatedly criticized the California high-speed rail project as a waste of taxpayer money.

The decision by the District of Columbia-based U.S. Appeals Court will officially vacate the Surface Transportation Board's environmental approval for the project.

The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.

The projects range from airports to ports and transit-oriented development.

The commonwealth revamped its P3 law last year in the wake of a court ruling striking down a tolled bridge program.

California-based Fulcrum Bioenergy will build a facility in Gary that converts household garbage into sustainable synthetic aviation fuel.

Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.

The Amtrak-Texas Central proposal to build high-speed rail between Dallas and Houston would take land "from American citizens and put it under the control of a Japanese company," a pair of Texas Republican representatives told the FRA.

The MAMBA Act would modernize IRS rules affecting private activity bonds.

The authority approved $1.3 billion in conduit financings at its meeting Tuesday.