Senators Propose New Class of Financing for Local Projects
Jul 08, 2020Colorado U.S. Senator Michael Bennet and U.S. Senator Roger Wicker (R-Miss.) announced the introduction of the American Infrastructure Bonds Act of 2020, legislation that would create a new class of “direct-pay” taxable municipal bonds to help struggling governments finance critical public projects in the wake of the novel Coronavirus Disease 2019 (COVID-19) pandemic.