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Infrastructure Financing Public Private Partnerships (P3s) State and Local Government

Bricker Graydon LLP

PACE: A Flexible Economic Incentive That Doesn’t Interfere with a Political Subdivision’s Existing Tax Revenues

Bricker Graydon LLP on

PACE leaves your current tax revenues intact. Property Assessed Clean Energy (PACE) financing is an economic development tool that does not subtract or redirect a political subdivision’s existing tax revenues. Many economic...more

Orrick, Herrington & Sutcliffe LLP

To Infinity and Beyond! A New Tax-Exempt Bond to Finance Spaceports

The One Big Beautiful Bill Act, signed into law on July 4, authorizes tax-exempt bond financing for spaceports, treating them similarly to bonds issued by public authorities for airport improvements. This new category of...more

Butler Snow LLP

Qualified Private Activity Bonds and the Bipartisan Infrastructure Framework

Butler Snow LLP on

Deemed to be a “once-in-a-generation investment in our infrastructure,”[1] the Infrastructure Investment and Jobs Act (H.R. 3684) is expected to be signed into law by President Biden in the coming days, ending a nearly three...more

Bracewell LLP

Recent Florida News: Toll Road P3s and Autonomous Vehicles

Bracewell LLP on

1. Multi-use Corridors of Regional Economic Significance (“M-CORES”) - Three potential new Florida Public-Private Partnerships (“P3”). On May 17, 2019, Florida Governor Ron DeSantis signed into law SB 7068 (the “Bill”),...more

Bilzin Sumberg

Untangling Tolls and P3s

Bilzin Sumberg on

The Alabama Department of Transportation recently released a “Myth Busters” communication in response to recent criticism of the agency’s plans to deliver a new bridge and byway project as a public-private partnership....more

White & Case LLP

UK Infrastructure – Spring growth at the grassroots?

White & Case LLP on

Uncertainty remains over the infrastructure aspirations of the UK central government. As part of a series of articles on infrastructure, Caroline Miller Smith, Partner at White & Case, London, considers whether there might be...more

Pillsbury - Gravel2Gavel Construction & Real...

L.A. Metro P3 Funding Options and the California Infrastructure Financing Act

The Los Angeles County Metropolitan Transportation Authority (Metro) is the agency that operates public transportation for all of Los Angeles County. With the passage of Measure M by voters in 2016, Metro has signaled their...more

Nossaman LLP

A Path to Federal P3s for Infrastructure? ABA Subcommittee Suggests Changes to OMB Budgetary Scoring

Nossaman LLP on

Much has already been said already about President Trump’s call to “rebuild our crumbling infrastructure,” in his first State of the Union address. The President asked Congress to advance a $1.5 trillion infrastructure plan...more

Jones Day

Financing Infrastructure Through Tax Policy: Tug-of-War with a Frayed Rope

Jones Day on

The Situation: Private activity bonds are issued by or on behalf of states and local governments to finance certain private (or partially private) projects that benefit the public. Usually, interest income from bonds issued...more

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