Projects benefiting communities as a whole are usually financed by general obligation (GO) bonds that are repaid by using general tax revenues. (10th Avenue Bridge, Minneapolis, MN)
News and Political Intel on Federal Infrastructure Legislation
- With the pending change of Administration in early 2021, infrastructure has once again taken center stage for potential major legislative action. The Biden Administration has made its intention clear on passing a robust bi-partisan infrastructure and public works package as part of the ongoing stimulus intervention of the economic crisis caused by the COVID-19 pandemic. The BDA believes municipal bonds will play a pivotal role in this potential legislation.
- BDA's Policy Intel: Infrastructure and Municipal Bonds
