News & Analysis as of

State and Local Government Infrastructure Financing New Legislation

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

Frost Brown Todd

Texas Bills Propose Significant Reforms to Infrastructure Financing

Frost Brown Todd on

Two bills of note pertaining specifically to certificates of obligation are being considered by the Texas Legislature. House Bill (HB) 1453 and Senate Bill (SB) 470 are substantially similar, with some key distinctions, in...more

Bricker Graydon LLP

Ohio House Bill 315 Summary

Bricker Graydon LLP on

At the conclusion of last year, the General Assembly passed the Township Omnibus Bill (also known as House Bill 315). Governor DeWine, with a few line-item vetoes, otherwise signed House Bil 315 into law at the beginning of...more

McDermott Will & Schulte

The Infrastructure Investment and Jobs Act Invests Heavily in Cybersecurity

On November 15, 2021, President Joe Biden signed into law the Infrastructure Investment and Jobs Act (IIJA), unleashing over $1 trillion of federal money to strengthen the nation’s infrastructure and fund other key programs...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

Burr & Forman

New Property Tax Exemption for All South Carolina Manufacturers

Burr & Forman on

The South Carolina Infrastructure and Economic Development Reform Act, 2017 Act 40, was recently enacted and is designed to enhance South Carolina’s economic competitiveness. The Act, commonly referred to as the gas tax bill,...more

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