Texas Legislation would enhance highway construction with Garvees

Preston, Darrell
March 1999
Bond Buyer;03/11/99, Vol. 327 Issue 30596, p35
Trade Publication
Examines the bill proposed by Texas senator Eddie Lucio Jr. that would allow the state Department of Transportation to issue grant anticipation revenue bonds. Interest generated by the proposed bill; Proposal for the debt to be payable only from highway-grant revenue the state receives from the federal government.


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