On March 21, congressional leaders unveiled a funding bill for fiscal year (FY) 2018 that includes at least $10 billion in additional infrastructure investment—compared to FY 2017 and promised in the Bipartisan Budget Act of 2018—for roads, bridges, mass transit, airports, ports, flood control, drinking water and waste water facilities, military construction, low income housing construction and more. To view summaries of the various pieces of this legislation, click here and here.
As of publication, the House passed the funding measure on a 256-167 vote and the Senate is expected to do the same before March 24, or otherwise risk shutting down the government for the third time in three months. AGC called on thousands of its social media grassroots supporters to urge Congress to keep its $10 billion infrastructure investment promise. AGC pushed for Congress to pass the bill; however, the association also noted the litany of critical construction issues that remain unresolved by this bill and Congress, including but not limited to the need for long-term infrastructure funding, border security and immigration reform, and multiemployer pension reform. AGC will provide more details on this FY 2018 funding bill as it continues its review of the legislation.
For more information, contact Jimmy Christianson at email@example.com.