Senate Finance Takes Up Buildings PABs

Two members of the Senate Finance Committee with jurisdiction over private activity bonds have introduced a bill that would allocate $5 billion in tax- exempt PABs for DBFOM development of public buildings. Senators Dean Heller (R-NV) and Bill Nelson (D- FL) on July 13 introduced the “Public Buildings Renewal Act” which closely follows language drafted by the Performance Based Building Coalition for House Bill 5361. At least eight members of the tax-writing House Ways and Means Committee are cosponsors of that bill.

FacebooktwitterredditpinterestlinkedinmailFacebooktwitterredditpinterestlinkedinmail

About Bill Reinhardt

Editor of Public Works Financing newsletter
This entry was posted in Take Back Infrastructure. Bookmark the permalink.