Scott Sowers

Washington, D.C., United States

Writer/Editor/Journalist: Currently stationed with the DC Bureau of The Bond Buyer. I also write about real estate, design, energy, and cars.

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Articles

Stadium deal framework emerges in Washington, D.C.

3 days ago | bondbuyer.com | Scott Sowers

The framework of a plan to demolish RFK stadium in Washington, D.C. and replace it with a new stadium surrounded by mixed-use development is becoming more real. "In the coming days, we will share more on our growth agenda by highlighting our next budget to grow D.C. and outlining a plan to realize abundant opportunities at our RFK as we forge ahead with shaping D.C.'s future economy," said Mayor Muriel Bowser in a press statement last week.
Hospitals, higher-ed facing increased threat to PABs

1 week ago | bondbuyer.com | Scott Sowers

Private activity bonds that fund hospitals and higher education are emerging as prime targets as lawmakers search for a way to pay for extending the Tax Cuts and Jobs Act, while the pressure on munis may be easing thanks to intense lobbying efforts.
Hospitals, higher-ed facing increased threat to PABs

1 week ago | today.westlaw.com | Scott Sowers

Private activity bonds that fund hospitals and higher education are emerging as prime targets as lawmakers search for a way to pay for extending the Tax Cuts and Jobs Act, while the pressure on munis may be easing thanks to intense lobbying efforts....
Bond boosting strategy emerging

1 week ago | today.westlaw.com | Scott Sowers

The development finance community is joining forces with municipal bond advocates to fight for the preservation of tax-exempt munis and the expansion of private activity bonds, which were nearly snuffed out by tax reforms enacted by the Tax Cuts and...
Bond boosting strategy emerging

1 week ago | bondbuyer.com | Scott Sowers

The development finance community is joining forces with municipal bond advocates to fight for the preservation of tax-exempt munis and the expansion of private activity bonds, which were nearly snuffed out by tax reforms enacted by the Tax Cuts and Jobs Act in 2017. "The good news is the community has been very well organized this time," said Eric Silva, CDFA legislative representative, North South Government Strategies.
D.C. working to solve budget cut

1 week ago | bondbuyer.com | Scott Sowers

The road leading to a budget settlement between the federal government and Washington D.C. has taken an unexpected turn as the city's financial team plans to tap a funding boost by way of a 2009 law that allows the city to raise its budget by 6% in years of increased revenues. "We need the Congress to act," said Mayor Muriel Bowser during a press event on Monday. "What we're doing is a stop gap. It doesn't address the issue.
D.C. working to solve budget cut

1 week ago | today.westlaw.com | Scott Sowers

The road leading to a budget settlement between the federal government and Washington D.C. has taken an unexpected turn as the city's financial team plans to tap a funding boost by way of a 2009 law that allows the city to raise its budget by 6% in...
Ways and Means Democrats seek tariff control

2 weeks ago | bondbuyer.com | Scott Sowers

The Trump administration's stop and go tariff policy is coming under heavy fire from Democrats on the House Ways and Means Committee who believe the White House has overstepped its authority. "We are introducing the "Stopping a Rogue President on Trade Act," a bill that is designed to put an end to the chaos that we've seen under President Trump," said Rep. Linda Sanchez, D – Calif. "The constitution is abundantly clear.
PAB-supported housing bill revived

2 weeks ago | today.westlaw.com | Scott Sowers

As wrinkles in major tax legislation are being ironed out in the House, key members of the Ways and Means Committee, including Darin LaHood, R-Ill., and Suzan DelBene, D–Wash., are co-sponsoring the reintroduction of affordable housing legislation...
House T&I reconsiders transit funding

2 weeks ago | bondbuyer.com | Scott Sowers

The Transit Subcommittee of the House Transportation and Infrastructure Committee is taking a hard look at the federal dollars invested in the country's transit infrastructure and looking for signs of improvement.