Reinstating Advance Refunding Bonds: Boosting Local Infrastructure Funding.
This act brings back a tool that helps cities and states finance large projects like roads and schools more affordably. By allowing these special bonds, local governments can secure funds more easily for important investments, potentially leading to better infrastructure and services for residents.
Key points
Makes it easier for local governments to fund public infrastructure projects.
Could lower borrowing costs for local projects, potentially saving taxpayer money.
Status:
Introduced
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