Transportation Finance & Banking

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Capital Thinking: Tax and Retirement

LEGISLATIVE ACTIVITY - SENATE FINANCE COMMITTEE Aims to MARKUP HIGHWAY FUNDING BILL - While not yet noticed, the Senate Finance Committee is expected to markup a short-term highway funding bill before the...more

P3 Infrastructure Forum

My partner Bob Shuster and I recently attended the annual P3 Infrastructure Forum in NYC. Organized by InfraAmericas, it brings public and private players in the P3 space together for a couple of days to discuss the status of...more

Plan Nord: Québec Liberal Government Relaunches the Plan Nord

On June 4, 2014, the first budget (Budget) of the new Liberal government, in power since April 7, 2014, was tabled in the Québec National Assembly. The Budget provides for certain measures to relaunch the Plan Nord, as...more

Miami-Dade Keeping up with National P3 Trends

As discussed in our last post about national and local developments in public-private partnership (P3) legislation, Florida is keeping up with the P3 trend and Miami-Dade County is not far behind. Miami-Dade’s Citizens...more

TRB Hosts 5th Annual International Finance Conference

The Transportation Research Board’s (TRB) 5th annual International Conference on Financing Surface Transportation will be held from July 9-11, 2014 at the Arnold and Mabel Beckman Center in Irvine, CA....more

Financing: The Main Roadblock to a Transportation Bill

High Stakes for a Short-Term Fix and a Long-Term Solution - While Congress has four months until the current surface transportation authorization, MAP-21, is due to expire, the Highway Trust Fund could become...more

Weekly Update from the SC State House - May 2014: The House joined the Senate for a Joint Assembly on Wednesday to elect a number...

Details from Each Chamber: HOUSE - The House worked through the Calendar this week, joining the Senate for a Joint Assembly on Wednesday to elect a number of judges. Tuesday, the House cleared some of their...more

Legislative Update Report No. 2014-10 - May 2014

In This Article: ..Federal Government ..Alberta ..British Columbia ..Manitoba ..New Brunswick ..Newfoundland ..Northwest Territories ..Nova Scotia ..Nunavut ..Ontario ..Prince Edward...more

Senate EPW Committee Unveils Surface Transportation Reauthorization Bill

The bipartisan leadership of the Senate Environment and Public Works Committee unveiled a six-year surface transportation bill last night that would maintain current funding under MAP-21 legislation expiring in September,...more

Senate MAP-21 Reauthorization Bill

The Senate Environment & Public Works (EPW) Committee released a bipartisan six-year surface transportation bill late yesterday evening. The bill, titled the MAP-21 Reauthorization Act, will be marked up by the committee on...more

Federal Surface Transportation Reauthorization: The Road Ahead

With the expiry looming of the current federal authorization for US surface transportation funding, the Obama Administration recently submitted a bill to Congress (the “Grow America” Act) proposing a four-year reauthorization...more

Amtrak CEO Boardman Warns Hudson Rail Tunnels Have 20 Years Max Of Remaining Service

Amtrak CEO Joe Boardman is warning that one or both of the Hudson River rail tunnels will need to be shut down within the next 20 years. Boardman also noted that it would take seven to nine years to build and deliver new...more

The Grow America Act - Obama Administration Releases Four Year Transportation Reauthorization Proposal

The U.S. Department of Transportation (DOT) has sent to Congress a $302 billion four-year surface transportation reauthorization proposal, the “Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency,...more

President Obama Delivers Transportation Authorization "GROW AMERICA" Act to Congress

On April 29, 2014, President Obama delivered a draft of "Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America" or "GROW AMERICA"...more

Unlocking Demand For Natural Gas Pipelines

The shale oil and gas revolution in the United States has radically changed the country’s energy outlook. Massive economically recoverable reserves discovered in places such as the Marcellus and Bakken shale formations...more

Congressional Panel Explores International Experience with Public-Private Partnerships

On Tuesday, April 8th, the House Transportation and Infrastructure Panel on Public-Private Partnerships held a hearing on "The International Experience with Public-Private Partnerships". The Panel focused in particular on...more

Will Foreign-Owned Mining Companies Build Africa’s Rail and Seaport Infrastructure?

Latham & Watkins partners Glen Ireland, Chair of the firm’s Mining & Metals Industry Group, and Clement Fondufe, Chair of the Africa Practice, look at the challenges facing foreign-owned mining companies and discuss how...more

Indiana Achieves Commercial Close on its Second Availability Payment P3

Indiana closed its second availability payment-based P3 project, the I-69 Section 5 project. "Section 5" is the fifth of six planned sections to link Evansville, Indiana with Indianapolis. The RFQ for Section 5 was...more

Smoother Pavement and Safer Bridges are Coming Soon to a Road Near You

On March 20, 2014, the California Transportation Commission allocated $334 Million to 53 projects around the state. As one Caltrans press release puts it, "Californians will be driving on smoother roads, safer bridges, and...more

White House Backs the $2.2 Billion Purple Line

On Tuesday, March 4th federal officials recommended the Maryland Transit Administration’s Purple Line Public-Private Partnership Project ("Purple Line") to receive $100 million in federal construction money as part of the...more

President Obama Touts $302 Billion for Nation's Infrastructure

In hopes of modernizing the nation's infrastructure, President Obama revealed a plan to invest $302 billion in transportation over the next four years. As reported in Politico , the President hopes the additional funds will...more

President Obama Announces a Proposal to Fund a Four Year Surface Transportation Bill at $302 Billion

On February 26, President Obama announced a proposal to fund a four year surface transportation bill that would increase spending by 22% for highways and 70% for transit over current levels. The White House provided a Fact...more

Pennsylvania’s New Transportation Funding Law

On Nov. 25, 2013, Governor Corbett signed into law House Bill 1060. This legislation will invest an additional $2.3 to $2.4 billion into transportation by the fifth year of the plan. Partial funding for the new transportation...more

Public-Private Partnership Bill Passes Georgia Senate to Pave Way for Widespread P3 in Georgia

Georgia may soon join the growing ranks of states with broad enabling legislation for all forms of public-private partnerships (or P3). Senate Bill 255 (2013) passed the Georgia State Senate on Monday, February 24, 2014, by a...more

Weekly Recap Ethics News and Trends – February 24, 2014

Public servants with the utmost integrity also need to be aware of what is happening ethically around the state. In today’s climate, every public agency’s image is impacted by the missteps or misconduct of others. Below...more

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