After months of deliberation, the U.S. Congress has passed the $1.2T Infrastructure Investment and Jobs Act, which will deliver $550 billion of new federal investments in America’s infrastructure over five years. The bipartisan bill contains $260 billion for transportation and transit investment; $90 billion for investment in clean technologies; $84 billion for water infrastructure and $100 billion for digital infrastructure.
Our team at Kelley Drye has prepared a high level summary of the bill, and will host a webinar on Friday, November 19th to review the details of the bill and discuss its implementation. We invite you to join us next Friday.