This week the Senate will likely vote on final passage of the bipartisan infrastructure package, the “Infrastructure Investment and Jobs Act (IIJA),” that includes the Senate Environment and Public Works Committee surface transportation bill S. 1931. This legislation provides $550 billion in spending above budget baseline over five years, including $304 billion in FHWA contract authority.
Additionally, it provides increases for highway funding via formula, a focus on investment in roadway safety, important streamlining provisions, significant bridge investments, and preserves flexibility to invest in both new capacity and improvements to existing roadways that will make every road user’s trip safer and more reliable.
Time is of the essence with the current surface transportation reauthorization set to expire on September 30th. Failure to act promptly could halt important road and bridge projects and will further disrupt America’s economic recovery.