Wednesday, U.S. Rep. Jackie Walorski (R-Ind.) in a Ways and Means Committee hearing called for a focus on boosting financing to revitalize our nation’s infrastructure and addressing burdensome regulations that hinder infrastructure projects. Earlier this week, Walorski introduced bipartisan legislation to bring billions of dollars of investment to state and local governments to help grow and repair America’s aging infrastructure.
The Move America Act of 2019 would create Move America Bonds to expand tax-exempt financing for public-private partnerships (P3s) and Move America Credits to leverage additional private equity investment at a lower cost for states. States will have the flexibility to choose which projects are most needed.