After passing a short-term three-week extension of government funding in February, Congress is again faced with an impending deadline to fund the government by March 11. This gives lawmakers a week to finalize and pass a full fiscal year (FY) 2022 funding package that would set new spending levels for the year after multiple continuations of funding at prior-year levels. It is important that Congress meets this deadline to authorize new and increased funding for programs included in the November-passed Infrastructure Investment and Jobs Act.
On March 2, AGC and other transportation stakeholders requested that Congress clarify that usage of American Rescue Plan funds provided to states and localities are more flexible to allow a greater portion of the money provided to be used for critical infrastructure projects. This proposal has already unanimously passed the Senate, so AGC is hopeful that it will be included in a final FY2022 spending bill.
For more information, contact Cory Gattie at cory.gattie@agc.org.
Source: The Associated General Contractors of America (AGC)