Posts Tagged ‘Infrastructure Investment and Jobs Act’

Senate Approves Infrastructure Plan

August 11, 2021

The Senate on Tuesday approved the bi-partisan infrastructure plan that would boost funding for Amtrak and public transit.

The Senate vote was 69-30 to approve the $1.2 trillion plan, which includes $66 billion for rail projects including $58 billion for Amtrak. It also contains $106.9 billion for public transit.

Known as the Infrastructure Investment and Jobs Act, the bill includes $550 billion in new funding and the Senate’s five-year surface transportation reauthorization measure.

The bill proposes nearly $845 million per year for grade crossing safety and improvement projects and an average of $5.5 billion per year for discretionary infrastructure grant programs, including $1 billion annually for the Consolidated Rail Infrastructure and Safety Improvement grant program.

It also would enhance the Railroad Rehabilitation and Improvement Financing program, and provide significant funding for intercity passenger-rail needs as well as research, development and demonstration projects addressing greenhouse-gas emissions and climate change.

The bill’s prospects in the House remain uncertain. Congressional observers note the House is in recess and the legislation could sit there for several months.