public-private partnership

New Bill Would Reinstate Advance Refunding Bonds for Infrastructure

Congressman Randy Hultgren (R-IL) and Congressman C.A. Dutch Ruppersberger (D-MD) introduced H.R. 5003, a bill to reinstate advance refunding bonds, which were replead in H.R. 1, the Tax Cuts and Jobs Act. During the tax bill debate the American Society of Civil Engineers (ASCE) opposed provisions that eliminated financing tools, including advance refunding bonds and......

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President Trump Releases Much Anticipated Infrastructure Plan

The Trump Administration has officially released an infrastructure proposal calling for $1.5 trillion in infrastructure investments, with $200 billion of direct federal spending over the course of 10 years. The federal investment is meant to spur investments from state and local governments and private investors. The proposal is divided into four main parts: funding and......

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Public-Private Partnerships, A Tool in the Toolbox

Partnerships between public agencies – federal, state, and local – and private companies are an increasingly popular infrastructure financing policy tool. As public budgets continue to be squeezed; public-private partnerships (P3s) allow planners and policymakers more breathing room to invest. P3s can be an effective financing mechanism through tools such as municipal and private activity......

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Tax Legislation Hurts Infrastructure, Engineers

The American Society of Civil Engineers (ASCE) is concerned that Congress has missed a once-in-a-generation opportunity to address the nation’s infrastructure investment gap. Earlier this month, Congress began the process of crafting tax-cut legislation. The House Ways and Means Committee drafted H.R. 1, the Tax Cuts and Jobs Act, which passed out of committee and......

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New Report Helps State Legislators Better Understand P3s

Public-private partnerships (P3s) are increasingly becoming a recognized and tapped tool in the toolbox to fund infrastructure investments. While the early adopter states have many P3 ventures under their belts, others are still navigating the process of how to structure an effective P3. To help further the conversation, the National Conference of State Legislatures released......

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leaking pipe of drinking water

National Conference of State Legislatures Legislative Summit Talks Infrastructure

This week the National Conference of State Legislatures (NCSL) held its  annual Legislative Summit in Chicago.  Approximately 5,000 state legislators, legislative staffers, federal officials and others gathered to gain invaluable knowledge from experts and fellow legislators to take back to their respective states. Attendees participated in an array of policy-producing committee meetings, issue forums and deep-dive sessions, including on......

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Congress Looks to Learn Lessons from Canada’s P3 Experience

This week the House Transportation and Infrastructure Committee looked to our northern neighbor Canada for advice on the federal role for public-private partnerships (P3) holding a panel hearing on the International Experience with Public-Private Partnerships, chaired by U.S. Rep. John Duncan (R-TN). Experts from the Canadian financing market were brought in to share their perspective......

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