This week, Senators Ron Wyden (D-Ore.) and John Hoeven (R-N.D.) introduced The ÎÚÑ»´«Ã½-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.
ÎÚÑ»´«Ã½ 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.