US BOND BREAKTHROUGH
- From: Vol 8, Issue 2 (February 2007)
- Category: Need to know
- Region: Americas
- Country: United States
* The US Environmental Protection Agency is pushing to remove the cap for private activity bond issuance in order to bring more money into the water and sanitation sector.
The proposal still has to pass through Congress, although Michael Deane, the EPA’s senior policy advisor on infrastructure finance, believes the measure could attract investment of around $1 billion – $3 billion per year initially, and up to $5 billion per year within a 10-year timeframe (see story p10). In the House of Representatives, meanwhile, a subcommittee passed legislation in ...
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