Lift Private Activity Bond Restrictions on Water Infrastructure Projects.

The article offers information on the water infrastructure project which can be owned and operated by a governmental entity, private sector or a partnership between a private and a government entity in the U.S. A partnership could involve a private entity that invests in water infrastructure and obtain a market rate of return on the investment. The partnership could be the government that issue tax-exempt debt on behalf of the private entity having private activity bonds (PABs).