May 30, 2019

P3 Act would remove the volume cap for green infrastructure PABs

Congressional legislation that would expand the use of private activity bonds to include so-called green bonds has been introduced by two House Democrats from Washington state as lawmakers continue to offer proposals for infrastructure investment.

The Preventing Pollution through Partnerships Act or the P3 Act introduced by Rep. Derek Kilmer, D-Wash., and original cosponsor Rep. Denny Heck, earlier this month is the same billKilmer proposed in the last Congress with Heck and Rep. Marcy Kaptur, D-Ohio.


By:  Brian Tumulty
Source: The Bond Buyer