1 / 4

The Future of TIFIA and PABs

The Future of TIFIA and PABs. Marcus J. Lemon BAKER & MILLER PLLC 2401 Pennsylvania Ave., N.W. Washington, DC 20037 (202) 663-7850 mlemon@bakerandmiller.com. Improving PABs in Reauthorization. Private sector supports reauthorizing and expanding

amish
Download Presentation

The Future of TIFIA and PABs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Future of TIFIA and PABs Marcus J. Lemon BAKER & MILLER PLLC 2401 Pennsylvania Ave., N.W. Washington, DC 20037 (202) 663-7850 mlemon@bakerandmiller.com

  2. Improving PABs in Reauthorization • Private sector supports reauthorizing and expanding • Eliminate limit on PABs or increase to $100B • Make permanent the current exemption from the Alternative Minimum Tax • Eliminate the prohibition on the accretion of interest

  3. Improving TIFIA in Reauthorization • Federal role is that of facilitator and partner in P3s (OIPD example) • Cannot fund infrastructure development without P3s • Gas tax/spend model has failed (Trust Fund depletion) • Private sector supports reauthorization and expansion • Increase budget authority of TIFIA to $500m per year • Allow TIFIA to fund up to 50% of eligible project costs • Eliminate “springing lien” for TIFIA loans • TIGER Guidelines: social policies and P3 transactions working together

  4. Contact Information Marcus J. Lemon BAKER & MILLER PLLC 2401 Pennsylvania Ave., N.W. Washington, DC 20037 (202) 663-7850 mlemon@bakerandmiller.com

More Related