Private activity bonds for water gain steam

Congress is again looking at private activity bonds as a possible means of funding water infrastructure projects.

While healthcare legislation continues to hog the legislative limelight in the US, a bill that would expand the use of private activity bonds to fund gaping shortfalls in water infrastructure is steadily gaining support.

The Sustainable Water Infrastructure Investment Act of 2009 (H.R. 537), which would remove the volume cap for water infrastructure-related private activity bonds, has been referred ...

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