Transportation industry

Gasoline taxes go up July 1 in six states to fund local highway projects while federal gasoline tax remains at 1993 level.

States are making plans for another short-term extension or a possible cutoff of federal transportation funding on July 31.

The state Senate last week did not confirm four of five appointees by Gov. Andrew Cuomo and New York City Mayor Bill de Blasio to the Metropolitan Transportation Authority board.

A legal battle over use of a gate at Love Field will delay $110 million of revenue bonds for an urgently needed parking garage at the Dallas airport.

The Texas Transportation Commission has approved $239 million for projects covered by Proposition 1, a constitutional amendment passed by voters in 2014.

Maryland Gov. Larry Hogan gives preliminary approval to progress on halted $2 billion Purple Line P3 light rail project.

The Illinois State Toll Highway Authority is issuing up to $400 million of toll-backed revenue bonds next month, the first of two new-money borrowings to finance a record year of capital spending.

The possibility of an underfunded capital plan begs the question of whether the MTA, already a large municipal issuer, may have to borrow even more.

Allowing states to levy tolls on interstates would solve the revenue problem hobbling highway P3s, advocates tell Senate Finance Committee.

The federal government extended All Aboard Florida’s $1.75 billion private activity bond allocation, relieving pressure on the private train owner to issue the bonds as legal challenges proceed.

The Senate Environment and Public Works Committee adopted a six-year highway bill with a 4.6% boost in federal funding.

Further delays in obtaining a five-year capital plan could mean even more delays for the East Side Access project to bring the Long Island Rail Road to Grand Central, said New York MTA Chairman Thomas Prendergast.

Moody’s Investors Service has revised its outlook on Kansas City, Missouri’s Airport Enterprise ratings to positive thanks to recent revenue and traffic growth.

The Senate Environment and Public Work Committee’s six-year transportation proposal would provide about $43 billion a year of federal highway funding.

New York State is releasing $75 million to accelerate resurfacing projects on roads that suffered widespread damage from a harsh winter season, Gov. Andrew Cuomo announced.

The finance committee of New York's MTA approved a motion to authorize the use of variable rate refunding bonds in connection with targeted refunding bonds.

New York MTA board member Allen Cappelli proposed adding $30 million to the authority’s budget to restore more services that were cut in 2010.

Two congressmen are urging House leaders to bring the pending transportation bills up for a vote and deem the one with the most votes as having passed the chamber under a “Queen of the Hill” rule.

A gasoline tax increase is not going to be the revenue solution for a multiyear highway bill, Sen. Orrin Hatch, R-Utah, said Thursday.

New York MTA Chairman Thomas Prendergast remains confident in getting approval of a five-year capital program, which is sitting in limbo.