Infrastructure Bill

The bipartisan Infrastructure Investment and Jobs Act provides for $1.2 trillion in federal spending over the next five years. Learn how this could impact economic recovery and what it could mean for your business, organization, or agency.

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At a glance: what's in the Infrastructure Bill?

Further explore the $550 billion of new federal spending to be allocated over the next five years.

Infrastructure in the United States is deteriorating. The Infrastructure Investment and Jobs Act (IIJA or the Infrastructure Bill) would provide for $1.2 trillion in spending, $550 billion of which would be new federal spending to be allocated over the next five years. The historic investments included in the IIJA, from clean energy to broadband, would significantly reframe the future of infrastructure in the US.

  • Roads, bridges

    $110 billion for roads, bridges and other major projects. This includes $40 billion for bridge repairs and replacement, as well as $17.5 billion for major projects. It also would reauthorize the surface transportation program (Fixing America’s Surface Transportation (FAST) Act) for the next five years.

    Photographic portrait - Tom Rousakis
    The Infrastructure bill will spur overdue road and bridge repairs with $110 billion in new funds dedicated to addressing safety and equity within our communities.

    Tom P. Rousakis

    EY US Transactions Infrastructure Leader

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  • Public transit

    $39 billion to modernize transit and improve accessibility. In addition, the deal would continue existing transit programs for five years as part of the surface transportation reauthorization.

    Photographic portrait - Nicole Doheny
    The IIJA represents an opportunity to invest $39 billion in transit of the future and support new technologies and evolving mobility needs.

    Nicole Doheny

    Senior Managing Director, Infrastructure Advisory, Ernst & Young Infrastructure Advisors, LLC

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  • Railways

    $66 billion to Amtrak for maintenance, to upgrade tracks in the Northeast Corridor and bring rail service — including high-speed rail — to other areas of the country.

    Photographic portrait - Claudio Knizek
    This bill will repair dilapidated railways impacted by Hurricane Sandy and increases funding for freight rail and safety at rail-highway grade crossings.

    Claudio Knizek

    EY-Parthenon Global Advanced Manufacturing and Mobility Leader

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  • Power grids

    $73 billion for power grid upgrades, including building thousands of miles of new transmission lines for renewable energy and research for new technologies like nuclear reactors and carbon capture.

    Photographic portrait - Karen Felton
    IIJA brings back focus to grid reliability and resiliency, preventing outages through enhanced hazard-mitigation and utility demand responses.

    Karen Felton

    EY Americas Energy & Resources Leader

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  • Electric vehicles

    $7.5 billion to build a nationwide network of charging stations for electric vehicles to help accelerate the adoption of nonfossil fuel cars.

    Photographic portrait - Marc Coltelli
    As state and local governments look to increase electrification in transport, IIJA includes significant funding for electric vehicles and the infrastructure essential to support EV development.

    Marc Coltelli

    EY Americas eMobility Energy Leader

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  • Electric buses, ferries

    $5 billion for new school buses, although the program would allow half of that to go toward buses that run on natural gas or diesel. The plan also includes $2.5 billion for ferries.

    Photographic portrait - Tony Robinson
    The IIJA funding will enable both public and private school systems to convert to electric or low carbon school buses, which to-date, has been a cost-prohibitive exercise for most communities throughout the US.

    Tony Robinson

    EY Americas Indirect/State & Local Tax Leader

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  • Airports, waterways

    $25 billion for airport repairs and efforts to reduce congestion and emissions. That includes encouraging the use of electric and other low-carbon technologies. It would also invest $17 billion in port infrastructure.

    Photographic portrait -Tuyen Mai
    IIJA bolsters support to airport and air traffic infrastructure with $25 billion in dedicated aviation funding.

    Tuyen Mai

    Senior Managing Director, Ernst & Young Infrastructure Advisors, LLC

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  • Resilience, climate change

    $50 billion to help communities fight cyber attacks and the effects of climate change. The funds include money to protect against droughts and floods.

    Photographic portrait - Orlan Boston
    The $1.2T bill is the most explicit signal yet from the federal government that the economic damages of a warming planet have already arrived.

    Orlan Boston

    EY Americas ESG Markets Leader; Senior Partner, Health Sciences & Wellness, Ernst & Young LLP

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  • Drinking water

    $55 billion to improve drinking water, including dedicated funding to replace lead pipes and dangerous chemicals.

    Photographic portrait - Stephen Auton Smith
    The IIJA provides the largest investment in water infrastructure in the nation’s history, focused on providing safe, clean water to disadvantaged communities that need it most.

    Stephen J. Auton-Smith

    Ernst & Young Infrastructure Advisors, LLC Managing Director

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  • Broadband internet

    $65 billion for high-speed internet to make sure that every household can access reliable broadband service.

    Photographic portrait - Michael Misrahi
    IIJA's broadband based funding will accelerate digital infrastructure investment and  assist in addressing coverage, quality, affordability, and digital literacy aspects of the digital divide

    Michael H. Misrahi

    Principal, Strategy and Transactions, Ernst & Young LLP

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  • Environmental spending

    $21 billion dedicated for environmental remediation to address past pollution that harms public health.

    The plan also includes $1 billion to reconnect communities that have been divided by past infrastructure projects, such as highways splicing through established areas.

    Photographic portrait - John hodges
    The IIJA includes $21 billion to advance environmental justice by remediating environmental harms and legacy pollution throughout the nation.

    John Hodges

    EY Americas Sustainability Advisory Leader, Government and Public Sector Sustainability Leader, Principal, Ernst & Young LLP

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  • Transportation safety

    $11 billion for transportation safety, including programs to reduce crashes and fatalities, especially for cyclists and pedestrians.

    Photographic portrait - Baback Bazri
    The ‘Safe Streets for All’ program will fund state and local ‘vision zero’ plans and other improvements to prevent crashes and fatalities, with enhanced focus on cyclists and pedestrians.

    Baback Bazri

    EY US Government & Public Sector and Risk Markets Leader

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IIJA: Plan strategically to maximize opportunities

Mike Parker, EY Americas Infrastructure Leader, shares insights on how to create a strategic plan that uses IIJA funding effectively. Businesses should not overlook the opportunity to reimagine new areas of infrastructure that require design, financial analysis and procurement, the opportunity to leverage additional private capital, and the opportunity to design projects to attract and catalyze more investment.

Woman with laptop in citylife

How to harness federal funds to begin closing the digital divide

With more funding for broadband infrastructure than ever before, the states that target and deploy plans quickly will have a clear advantage.

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What Build Back Better means for businesses

Funding the Infrastructure Bill

Here are some of the major ways that lawmakers are proposing to offset the cost of the spending:

$205b

from using unspent pandemic relief funds appropriated in earlier legislation

$56b

in additional tax revenue from the extra economic growth generated from the infrastructure improvements

$50b

from recouping unemployment benefits claimed by fraudsters

$49b

for delaying the Medicare rebate rule enacted under former President Donald Trump

$53b

from unspent unemployment benefits from states that ended the enhanced payments early

$28b

from increasing tax reporting rules for cryptocurrency investors

$21b

from fees on government-sponsored enterprise

$20b

from spectrum auction sales

$13b

from a Superfund fee on corporations that pollute