WASHINGTON -- The Senate yesterday kept alive legislation that would fully exempt issuers of tax-exempt high-speed rail bonds from the private-activity bond volume cap.

The measure was offered by Sen. Steven D. Syms, R-Idaho, as an amendment to comprehensive energy legislation that the Senate began debating yesterday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.