Committee Chairman says muni provisions will be included with state, local aid

House Ways and Means Committee Chairman Richard Neal reaffirmed Wednesday his support for reinstating Build America Bonds and the use of private activity bonds as part of a larger package of aid to state and local governments. Neal, D-Mass., assured members of the U.S. Conference of Mayors that he is working closely with Treasury Secretary Steve Mnuchin to include major infrastructure provisions in what members of Congress are calling CARES Act 2. “You are likely to see the details of what we propose in the next few days and certainly within the next week,” Neal said.
(Read more: The Bond Buyer)