NECA Thanks Congress and Administration as Infrastructure Bill Is Signed
On Monday, President Biden signed the bipartisan infrastructure bill—the Infrastructure Investment and Jobs Act (IIJA) – into law. The $1 trillion investment includes funding for projects across the nation, bringing jobs and opportunities to NECA contractors. Below is a breakdown of some of the many different funding highlights:
$7.5 billion to build out a national network of EV chargers
$5 billion in zero emission and clean buses and $2.5 billion for ferries
$17 billion in port infrastructure
$25 billion in airports to address repair and maintenance backlogs, reduce congestion and emissions near ports and airports, and drive electrification and other low-carbon technologies
$55 billion investment in clean drinking water
$65 billion investment for national broadband deployment
$65 billion investment in clean energy transmission
Funding for upgrading our power infrastructure, including by building thousands of miles of new, resilient transmission lines to facilitate the expansion of renewable energy.
Creation of the Grid Deployment Authority, investing in advanced transmission and electricity distribution technologies, and promoting smart grid technologies that deliver flexibility and resilience.
Invests in demonstration projects and research hubs for next generation technologies like advanced nuclear, carbon capture, and clean hydrogen.
NECA’s CEO David Longattended the bill signing of this historical investment. Read David’s statement here. David was interviewed by Yahoo Finance on this pivotal legislation, view the full interview here. NECA applauds the President, the House, and the Senate on making this long-term investment in our nation’s infrastructure.
Early this morning, the House passed the Build Back Better Act on party lines. This bill contains funding for an array of social projects and programs. NECA anticipates this version of the legislation to be changed drastically by the Senate before its final consideration. We will continue to monitor it closely to minimize tax impact on NECA Contractors and businesses and ensure they can fully maximize the provisions if this bill becomes law.
The end of the year is fast approaching, which means that there are a few deadlines coming up as well! The Capitol Competition was an incredible success during Convention. If you’d like to see your chapter pull ahead before the end of the year, please send in any contributions before December 15, 2021. If you have any questions about where your chapter stands, please reach out to Hadlea at Hadlea.bender@necanet.org.
Thank you to everyone who has already contributed!
Special thanks to Ted Brady of Progressive Electric, Steve Diamond of Malko Electric Company, Kent Baker of Baker Electric, Jason Owen of Brooks-Berry-Haynie & Associates, Steve Gianotti of Arcadia Electric, Duke Austin of Service Electric Co., and Mark Walter of Christenson Electric, Inc for renewing their PLC memberships!
Personal Contributions
652
NECAPAC Fund to 11.19.21
$779,454
Congratulations to the Michigan Chapter, Kansas City Chapter, and Eastern Illinois Chapter on reaching their PLC goal for 2021!
Special thanks to the Eastern Illinois Chapter on joining the Government Affairs Advocate Program!
Operational Fund Contributions
812
Operational Fund to 11.19.21
$263,090
Dirksen Group
(14 or fewer members)
North Florida Chapter
Russell Group
(15-30 members)
Alaska Chapter
Longworth Group
(31-49 members)
Atlantic Coast Chapter
Rayburn Group
(50 or more members)
San Diego Chapter
Click here to view your chapter's standing as of 11.19.21