T.C. Leaders to Express Concerns over U.S.
DOT’s Decision to Issue PABs for AAF Project
Congressman Mark Meadows (R-North Carolina), Chairman of the House Oversight and Government Reform Subcommittee on Government Operations will be examining the tax-exempt private activity bonds (PABs) used for All Aboard Florida’s Brightline passenger rail system.
The review of the PABs was made at the request of Congressman Brian Mast in a letter to Chairman Meadows. In his letter, Congressman Mast states, “Brightline is continuing their deceptive business practices, seeking public financing for this expansion by claiming that their passenger rail train is actually a “highway” because they fail to qualify for public financing under the statutory definition of high-speed rail.”
Several leaders from the Treasure Coast region have been invited to testify and will be expressing their concerns regarding the U.S. Department of Transportation’s decision to issue PABs to finance the AAF project. Those leaders include: Dylan Reingold, Indian River County Attorney; Chief Dan Wouters, Division Chief Martin County Fire Rescue, and Bob Crandall, CARE FL Steering Committee member, former president, chairman and CEO of American Airlines.
Also attending the congressional hearing will be Senator Debbie Mayfield (R-Melbourne), Rep. Erin Grall (R-Vero Beach), Rep. MaryLynn Magar (R-Tequesta) and Brent Hanlon, Chairman of CARE FL.
**To stream the committee hearing live, click here. Please note video will not appear until the hearing begins.**
WHO: Dylan Reingold, Indian River County Attorney
Dan Wouters, Division Chief Martin County Fire Rescue
Bob Crandall, CARE FL Steering Committee Member
WHAT: Treasure Coast Leaders to Testify Before House Oversight and Government Reform Subcommittee
WHEN: Thursday, April 19, 2018
WHERE: 2154 Rayburn House Office Building
45 Independence Ave SW
Washington, DC 20515