Sens. Float Bill Creating $50B Infrastructure Fund

Law360, New York (January 17, 2014, 3:55 PM EST) -- Two U.S. senators introduced a bipartisan bill Friday establishing a $50 billion infrastructure fund that would finance high-priority transportation, energy, communications, water and education infrastructure projects nationwide.

U.S. Sens. Michael Bennet, D-Colo., and Roy Blunt, R-Mo., introduced the Partnership to Build America Act to establish a $50 billion fund that could support hundreds of billions in loan guarantees and financing authority for state and local governments, the senators said in a statement. The fund is meant to help jump-start construction projects, such as road, bridge and...
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