$12B in Funding On Hold for Infrastructure

Nearly three months after President Biden signed a $1.2 trillion infrastructure bill into law, federal transportation officials say much of their work is on hold due to the lack of signed appropriations bill from Congress The failure of Congress to approve a year-long transportation appropriations bill is putting funds from the Bipartisan Infrastructure Law (BIL) in limbo for states. The Continuing Resolution or CR passed in December 2021 to keep the federal government operating does not allow full access to increased transportation funding in the $1.2 trillion BIL signed into law in November 2021. Nearly $12 billion of additional FY 2022 highway and transit funding authorized under the BIL and implementation of other new BIL programs are on hold pending final congressional action on the appropriations bills. READ FULL ARTICLE>>