APWA is providing information on national economic recovery legislation, its implementation and related governmental actions as they pertain to public works infrastructure. Check back regularly for updates on state and federal actions, reports, opportunities, resources, guidance and the latest news.

March 6, 2009

Senate Democrats Unveil Their Economic Recovery Package

On January 23, the Senate Committee on Appropriations and the Senate Committee on Finance released highlights of their version of an economic recovery package, S.1, The American Recovery and Reinvestment Act of 2009. Like the House bill, H.R. 1, the Senate legislation totals $825 billion.

The Senate bill allocates a total of $140 billion for Infrastructure and Science. Highlights of the infrastructure component include $27 billion for highways; $1.3 billion for aviation; and $6 billion for both the Clean Water and Drinking Water State Revolving Funds. The House version of the bill allocates $90 billion in their infrastructure component. $30 billion is set aside for highways; $3 billion for aviation; $6 billion for the Clean Water State Revolving Fund; and $2 billion for the Drinking Water State Revolving Fund.

The Chairman of the Senate Finance Committee, Max Baucus (D-MT) unveiled an original Chairman’s Mark -- the initial bill set out by the chairman for debate -- that included tax-cutting provisions for the recovery legislation. These provisions mirror the finance portion of its counterpart in the House. Baucus’ Mark includes $275 billion in tax cuts and investments. Together, the spending proposals (which include the infrastructure component) in the Senate Appropriations bill and the tax cuts in the Finance Committee measure, make up the Senate’s version of the American Recovery and Reinvestment Act of 2009.

Senate Committees are expected to meet this week to debate and vote on their version of the economic recovery bill. The House is scheduled to vote on the bill Wednesday, January 28 and debate by the full Senate on the bill could be held as early as February 3. House and Senate negotiators would then meet to work out the differences in their respective bills.

APWA will continue to monitor this legislation. For updates and more information please visit APWA’s Advocacy page at www.apwa.net/Advocacy.

No comments:

Post a Comment