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State and local groups told members of Congress that tax-exempt bonds are the cornerstone of infrastructure financing, as the lawmakers consider how to increase spending on roads and bridges as well as tax reforms that could entail restrictions on tax exemption.
January 10
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San Francisco voters will be asked to approve a $350 million bond to repair its fragile seawall, which experts believe needs a multi-billion dollar investment.
January 10 -
A bipartisan trio of lawmakers wants to fund infrastructure with revenues from international tax reform.
January 10
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A federal judge denied a request by two Florida counties for additional documents about public financing for the All Aboard Florida private passenger train project, moving their lawsuits closer to a ruling on dismissal.
January 10
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Chicago receives $1.1 billion of federal rail grants in final days of Obama administration.
January 9
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Extending a temporary sales tax to keep Arkansas roads in good shape preferred by voters in new statewide funding study.
January 6
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The recently enacted National Defense Authorization Act is a credit positive for privatized military housing project bonds, Moodys Investors Service said in a comment released on Friday.
January 6 -
Fund managers' reaction to a possible repeal ranged from cautious to opportunistic, as President-elect Trump and lawmakers say they plan to transition to a new health care program.
January 6
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points to 4.25% from 4.28% from the previous week.
January 5 -
Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.
January 5
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A Texas court will determine if a proposed high-speed rail line can use eminent domain to survey and acquire land.
January 4
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The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Floridas financing that it does not evaluate ridership, revenue, or creditworthiness for private activity bond allocations.
January 4
