This week, Senators Ron Wyden (D-Ore.) and John Hoeven (R-N.D.) introduced The Â鶹ÊÓƵ-supported bill seeks to promote public-private partnerships in infrastructure development by creating up to $180 billion in new tax-exempt infrastructure bonds (similar to Private Activity Bonds) or up to $45 billion in tax credits that can be given to businesses that invest in infrastructure projects.
Â鶹ÊÓƵ welcomes this latest infrastructure financing proposal and looks forward to working with Senators Wyden and Hoeven in passing this measure, along with a fully-funded long-term surface transportation bill.
For more information, please contact Sean O’Neill at oneills@agc.org or (202) 547-8892.