摘要: |
After months of delay and debate, the $1.2 trillion Infrastructure Investment and Jobs Act (H.R. 3684) has become law (P.L. 117-58). On Nov. 15, President Joe Biden signed the legislation, of which 100% of the funding is for infrastructure. All told, the new law provides nearly $550 billion in new federal spending over five years for a wide range of infrastructure categories and allocates some $650 billion for existing infrastructure programs during the same five-year period. At the same time, the IIJA reauthorizes such key federal efforts as the surface transportation program and the Clean Water and Drinking Water state revolving funds. |