By Scott Powers, Florida Politics; April 19, 2018
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 construction costs on the South Florida phase already in partial operation and the next phase, which would run private passenger trains from South Florida through the Treasure and Space Coast counties to Orlando.
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