The 2021 Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) and the 2022 Inflation Reduction Act (PDF) represent unprecedented federal investment in clean and renewable energy, transportation electrification infrastructure, energy efficiency and building retrofits, and other activities nationwide to reduce greenhouse gas.
The Infrastructure Investment & Jobs Act (IIJA) authorizes $1.2 trillion in infrastructure spending across more than 380 federal programs. The Inflation Reduction Act (IRA) provides $369 billion in funding to support energy and climate initiatives and investments in health and medical programs, using various tax measures and grants. These historic federal investment packages are intended to support and modernize infrastructure, create well-paying jobs, and spur economic growth. They also serve as a step forward in empowering vulnerable communities and addressing decades of historical disparities.