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Legislating for Infrastructure Investment

by Brenda S. Davis, Chambers Associates Inc, Washington, DC, USA,



Document Type: Proceeding Paper

Part of: Rebuilding America: Infrastructure Rehabilitation

Abstract:

It is apparent that today's infrastructure problems require innovative solutions reflecting national spending trends, the size of the federal budget deficit, and individual state's needs. While nearly everyone acknowledges that the needs are enormous, there is significant regional variation, putting states in the optimal position to administer infrastructure investment. Consequently, legislative efforts should concentrate on the development of state programs to manage and leverage public financial resources, and to attract and facilitate investment of private capital in what typically have been public works. With legislation accomplishing these goals, states can make significant progress towards meeting their needs for capital investment.

Subject Headings: Infrastructure | Investments | Legislation | Financing | Federal government | Budgets | Asset management

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