The Council of Development Finance Agencies this year will work to obtain separate bills that would ease certain tax restrictions for manufacturing bonds and remove water and sewer bonds from the private activity bond volume cap.

Tax-exempt governmental bonds will result in revenue losses to the federal government of $194.7 billion over the five fiscal years 2016-2020, the Joint Committee on Taxation estimated in a report this week.

President Trump's nominee for Treasury Secretary Steven Mnuchin told lawmakers in writing that he plans to "enhance" private activity bonds so that they can be used to encourage more private investment in infrastructure projects.

Best Best & Krieger LLP gives a summary of comments from Secretary Elaine Chao's confirmation hearing, which addresses some of the questions swirling around the Trump administration infrastructure plan.

Mason Preparatory School is using a $6.93 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to refinance costs for a prior construction project and expansion.

Public-private partnerships are an important part of the infrastructure toolkit, but they can't replace tax-exempt debt in financing public projects.

Vice President-elect Mike Pence tried to sell to the nation's mayors on the infrastructure plan to be proposed by the new Trump administration, just before a national poll showed there is little support for the tolls on which the plan would rely.

Environmentally conscious green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas. Municipal issuers from transit agencies to small cities and towns have sought to manage water more effectively -- notably after Hurricane Sandy struck in 2012 – with varying degrees of success.

Squire Patton Boggs' Public Finance 2016 in Review and the Outlook for 2017 topics include final issue price regulations, proposed political subdivision regulations, general arbitrage, and revenue procedure governing management contracts.

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This report from the Manhattan Institute proposes the Port of Authority of New York and New Jersey cease to own or operate transportation infrastructure, instead planning and regulating an array of concession companies who would be held accountable for operating transportation performance through bond covenants and long-term concession agreement terms.

This month's CDFA // BNY Mellon Development Finance Webcast Series featuring John Piemonte from Ehlers, Inc. and Nick Samuels from Moody's includes an outlook for credit ratings and takes a look at the bond market for the upcoming year.

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