Tag: financing
Image via tipster who wants to remain anonymous.

Scott PowersMay 22, 2018
screenshot-23.png

7min492
A bipartisan group from Florida’s congressional delegation, along with the chairman of the House Transportation Committee, are offering a counterpunch to the jab thrown in Washington D.C.  by opponents of the Brightline private passenger railroad in Florida. In a letter Monday, U.S. Rep. Bill Shuster, the Pennsylvania Republican chairing the House Transportation and Infrastructure Committee, and […]

Scott PowersApril 26, 2018
screenshot-55.png

6min491
Armed with newly-raised congressional skepticism about the legitimacy of a financing method used by the company, state Sen. Debbie Mayfield on Wednesday urged Gov. Rick Scott to pull Florida from the financing deal backing Brightline’s proposed private passenger railroad along the east coast. Scott’s office replied that it would review it. At issue is $1.75 billion […]

Scott PowersApril 24, 2018
Brightline-train-All-Aboard-Florida-3500x2336.jpg

4min248
U.S. Sen. Marco Rubio on Tuesday joined his congressional colleagues U.S. Republican Reps. Brian Mast and Bill Posey in questioning whether All Aboard Florida should have received $1.75 billion in federally authorized, tax-exempt private activity bonds to build its private, higher-speed railroad from South Florida to Orlando. Mast, of Palm City, and Posey, of Rockledge, led a […]

Scott PowersApril 19, 2018
screenshot-23.png

7min419
Brightline’s use of federal tax-exempt Private Activity Bonds, to build the privately owned and operated higher-speed passenger railroad that would connect Orlando to South Florida, was sharply criticized Thursday during a congressional hearing. Brightline, also known as All Aboard Florida, is planning to use $1.5 billion worth of the federally authorized bonds to pay for […]

Scott PowersDecember 22, 2017
screenshot-23.png

4min307
Brightline has secured federal approval for $1.15 billion in private activity bonds to finance its private, high-speed passenger train planned to link its South Florida passenger train railway with Orlando, the company announced Friday. The company, formerly known as All Aboard Florida, has received U.S. Department of Transportation approval for the tax-exempt bonds to double-track […]

Scott PowersDecember 18, 2017
Brightline-train-All-Aboard-Florida-3500x2336.jpg

2min302
All Aboard Florida canceled an emergency meeting of the Florida Development Finance Corporation set for Monday to consider backing $1.1 billion in private activity bonds for the private, high-speed passenger Brightline railroad’s South Florida to Orlando phase of construction. The company said it requested the cancellation due to the House and Senate agreeing to a tax […]


#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, Anne Geggis, Ryan Nicol, Jacob Ogles, Cole Pepper, Gray Rohrer, Jesse Scheckner, Christine Sexton, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704




Sign up for Sunburn


Categories