Infrastructure Investment and Jobs Act
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The Bipartisan Infrastructure Law, passed in 2022, will rebuild America’s roads, bridges and rails, expand access to clean drinking water, ensure every American has access to high-speed internet, tackle the climate crisis, advance environmental justice, and invest in communities that have too often been left behind. Combined with the President’s Build Back Framework, the Act is expected to generate 1.5 million jobs per year for the next 10 years. The State of Alaska anticipates numerous projects in the transportation, resilience, energy and natural resources, and broadband internet sectors.
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The Bipartisan Infrastructure Law
Read the description of the Infrastructure Investment and Jobs Act drivers, benefits, and content, from the Executive Office of the President.
https://www.whitehouse.gov/bipartisan-infrastructure-law/
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Alaska's Planning for Infrastructure Act Funds
Governor Dunleavy introduced a bill following the U.S. Congress passage of the Infrastructure Act to appropriate funds to be spent in the state of Alaska. It’s expected that 60 percent of the 5-year federal authorization will be allocated by formula with the remaining 40 percent expected to be awarded through competitive grants administered by federal agencies.
https://gov.alaska.gov/newsroom/2022/04/04/governor-dunleavy-submits-federal-infrastructure-bill-to-lawmakers/
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Future Infrastructure Act Projects
Senator Lisa Murkowski summarizes the anticipated projects and financial amount to be spent, by industry sector and project type, planned within the state using Infrastructure Act funds.
https://www.murkowski.senate.gov/imo/media/doc/Alaska%20Highlights%20in%20the%20Infrastructure%20Investment%20and%20Jobs%20Act.pdf