On July 1, the full U.S. House of Representatives passed H.R. 3684, the Investing in a New Vision for our Environment and Surface Transportation (INVEST) in America Act. The bill, led by U.S. House Transportation and Infrastructure Chairman Peter DeFazio (D-Ore.), would provide $715 billion over five years from FY 2022 through FY 2026 for a surface transportation reauthorization, as well as drinking and wastewater provisions. The INVEST Act includes $592 billion in transportation authorizations for highway, road, bridge, transit, rail, climate and safety programs, as well as $36 billion for the deployment of electric vehicles. The bill’s path forward is complicated, however, in light of the Senate’s recent bipartisan infrastructure agreement that contains more conservative transportation and water provisions.
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Legislative Analysis for Counties: The Infrastructure Investment & Jobs Act
The bipartisan infrastructure legislation would provide $973 billion over five years from FY 2022 through FY 2026, including $550 billion in new investments for all modes of transportation, water, power and energy, environmental remediation, public lands, broadband and resilience.
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