On Monday, President Biden signed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act into law. The measure will deliver $550 billion in new federal spending over 5-years and will direct $650 billion in already appropriated dollars into new and existing funding programs for project development that includes:
- Modernizing electric utility grids;
- Building and repairing roads, bridges, and major infrastructure projects;
- Developing critical minerals;
- Upgrading railways;
- Deploying climate resiliency and environmental remediation projects;
- Upgrading and expanding broadband;
- Updating water systems, including lead pipe removal;
- Expanding electric public transportation and charging station infrastructure;
- Establishing transportation projects in rural areas; and
- Revitalizing airports, ports, and waterways.
The full text of the Infrastructure Investment and Jobs Act can
be found here.
Lewis Roca's Regulatory and Government Group attorney James
Voyles and policy advisor Steve Moortel have been tracking the
infrastructure package closely and are happy to answer questions
you have about the bill and help you pursue funding under it. James
can be reached at jvoyles@lewisroca.com; Steve can be reached at
smoortel@lewisroca.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
