Bipartisan Infrastructure Package Authorized: What’s next for local agencies?
The approved final version of the Infrastructure Investment and Jobs Act (IIJA) was signed by the President on November 15, 2021 and is now known as the Bipartisan Infrastructure Law (BIL), now public law 117-58. (APWA CEO Scott Grayson attended the signing of the IIJA. See photos of the event here.) The BIL will make available more than $1 trillion in funding for infrastructure programs across the transportation, energy, and water sectors, through a combination of grants, loans, and tax incentives. Of the total spending plan, $550 billion is new federal funding not previously authorized and the BIL also reauthorizes the existing highway, public transportation, and rail programs for five years.
Where will the money go next? And how much funding will your local agency receive? Read the full story in the APWA Reporter.