On November 5, 2021, the U.S. House of Representatives passed a bipartisan infrastructure bill which President Joe Biden hailed as a “monumental step forward as a nation” that he looked toward signing into law. An identical bill passed the Senate in August 2021. President Biden called the legislation a “blue-collar blueprint to rebuilding America.”
This core piece of President Biden’s domestic agenda, a 2,700+-page bill, provides significant funding for infrastructure improvements in surface transportation, energy, water, and broadband, among others. It imposes new and amends certain taxes and fees and rescinds past appropriations for COVID-19-related programs to help pay for new spending. Separately, in addition to funding projects and programs, the bill includes substantive provisions that change federal policy ranging from issuing new permits and licenses to streamlining permit application efforts to imposing new environmental and automotive safety standards and requisites to receive federal assistance.
This previous Sidley Update summarizes the provisions of the bill. It provides an overview of the new and expanded funding opportunities; new or revised permitting, leasing, and licensing opportunities and other property rights considerations; new or updated federal standards, reporting requirements, and requisites for funding; and new or amended tax liabilities and fees, and the rescission of the past appropriations for COVID-19-related programs.
Visit Sidley's Infrastructure Spending Resource Center for more information.
Sidley Austin LLPはクライアントおよびその他関係者へのサービスの一環として本情報を教育上の目的に限定して提供します。本情報をリーガルアドバイスとして解釈または依拠したり、弁護士・顧客間の関係を結ぶために使用することはできません。
弁護士広告 - ニューヨーク州弁護士会規則の遵守のための当法律事務所の本店所在地は、Sidley Austin LLP ニューヨーク：787 Seventh Avenue, New York, NY 10019 (+212 839 5300)、シカゴ：One South Dearborn, Chicago, IL 60603、(+312 853 7000)、ワシントン：1501 K Street, N.W., Washington, D.C. 20005 (+202 736 8000)です。