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The News God > Blog > Business & Finance > What Is the IIJA Bill?
Business & Finance

What Is the IIJA Bill?

Rose Tillerson Bankson
Last updated: August 18, 2022 9:55 am
Rose Tillerson Bankson - Editor
July 27, 2022
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What Is the IIJA Bill?
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What if we could finally build the infrastructure that our country has been needing for decades?

Contents
What Is the Infrastructure Investment and Jobs Act Bill?Who Started the IIJA Bill?What Infrastructure Does IIJA Cover?BroadbandCybersecurityDisaster ResponseEnergyTransportationTake Advantage of the Benefits of the IIJA Bill

Recent proposals, such as the Infrastructure Investment and Jobs Act (IIJA), aim to make these dreams a reality. But what is the IIJA bill to begin with? And could it have a real impact on building America successfully?

In this article, we’ll take a look at what the new IIJA bill is. We’ll lay out the key points of the bill and look at how it differs from similar proposals in the past.

What Is the Infrastructure Investment and Jobs Act Bill?

The Infrastructure Investment and Jobs Act Bill would invest in infrastructure projects across the country and create jobs in the process. The bill would provide funding for projects such as repairing roads and bridges, expanding public transit, and upgrading drinking water and sewer systems.

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In addition to creating jobs, the bill would also help to improve the quality of life for Americans by making our infrastructure safer and more efficient.

Who Started the IIJA Bill?

The Infrastructure Investment and Jobs Act Bill were started by a bipartisan group of Senators in 2021 who were committed to addressing the significant infrastructure needs of our country. The Bill agreed to invest $1.2 trillion in funding for our nation’s crumbling infrastructure and create millions of good-paying jobs.

The bill was signed by President Joe Biden on November 15, 2021. This legislation is a much-needed down payment on our country’s infrastructure and an important step in rebuilding our economy.

You can learn more about this at https://acgadvocacy.com/iija/transportation-grants-iija/.

What Infrastructure Does IIJA Cover?

The legislation invests in a broad range of hard infrastructure. These include broadband, cybersecurity, disaster response, energy, and transportation.

Broadband

The bill will help to close the digital divide. This is by providing funding for broadband deployment in un-served and under-served areas.

In addition, the bill will promote competition in the broadband market. This is by providing support for the development of new broadband networks.

Cybersecurity

This includes investments in research and development. It also includes the deployment of cybersecurity technologies.

The bill also covers provisions for training and workforce development. This is to ensure that the workforce can meet the needs of the cybersecurity sector.

Disaster Response

Disaster response includes roads, bridges, and culverts. These means the ones which were damaged or destroyed by natural disasters. Any infrastructure that is essential for response and recovery operations is also included.

The bill also provides funding for improving the resilience of infrastructure to future disasters. These improvements will help to ensure that communities are better prepared. This makes it quicker to recover from future events.

Energy

This covers a wide range of energy infrastructure projects. It covers the development of new nuclear power plants to the expansion of renewable energy sources like wind and solar.

The bill would also provide funding for energy efficiency upgrades to existing buildings. It also covers the development of new “smart grid” technologies.

Transportation

One of the largest categories of spending in the bill was for transportation infrastructure. This covers highways, bridges, public transit, and passenger and freight rail.

Take Advantage of the Benefits of the IIJA Bill

The IIJA bill is beneficial to the economy as a whole, as it would create jobs and stimulate economic growth. Infrastructure investment also benefit businesses and consumers, as it can lead to lower costs and more efficient production.

The bill is also beneficial to the environment not just by offering an economic opportunity. It would also improve the quality of infrastructure and reduce pollution.

For more interesting articles, visit our blog.

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