FOR IMMEDIATE RELEASE
CONTACT:Dave Schryver, President and CEO
Phone: (202) 464-0835
Email: dschryver@apga.org
APGA Supports the American Infrastructure Bonds Act
Washington, D.C. (July 8, 2020) – The American Public Gas Association issued the following statement about the introduction of the “American Infrastructure Bonds Act of 2020.”
"APGA applauds Sens. Wicker and Bennet for introducing the American Infrastructure Bonds Act. This timely, bipartisan legislation would deliver increased investment opportunities in infrastructure projects across the country, at no cost to taxpayers. By providing municipalities with another finance tool, these bonds will help drive down the cost of infrastructure investments, benefitting all of our communities. And, to highlight the importance of a balanced energy future, these bonds would apply to natural gas projects as well as nearly any municipal bond-financed project.
APGA is encouraged by the strong show of support for increasing opportunities for natural gas projects and investing in the nation’s infrastructure."
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APGA is the national association of municipally and publicly-owned local distribution systems. There are about 1,000 public gas systems serving more than 6 million customers. These public gas utilities are not-for-profit retail distribution entities that are owned by, and accountable to, the citizens they serve. They include municipal gas distribution systems, public utility districts, county districts, and other public agencies that have natural gas distribution facilities.
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