Bipartisan Infrastructure Framework – After weeks of negotiations, the Senate finally struck a deal July 28, 2021 and started voting on a $1 trillion infrastructure package. There will be a lot of new dollars flowing to rail-related accounts, see highlights of the Bipartisan Infrastructure and Investment Jobs Act below:
The NRC joined a number of other major DC trade associations in a coalition led by the U.S. Chamber of Commerce pushing to get this deal done. It appears this was a key element in getting the bill across the finish line as the group was mentioned on the first page of the briefing book provided to Senators and was key in nudging some moderate Senators across the finish line.
Overview of bill funding levels:
$7.5B in USDOT RAISE grants
$3.2B in USDOT INFRA grants
$66B in passenger and freight rail funding
$39.15B in new funding for transit
Next steps: The Senate will use H.R. 3684, the House-passed INVEST in America Act, as its vehicle to move forward with the bipartisan infrastructure package as a substitute amendment. The measure is expected to incorporate provisions from the bipartisan reauthorization bills approved by the Senate Commerce and EPW Committees as well as Senate drinking water and energy infrastructure legislation. Once passed, the legislation, as amended, would be sent back to the House. The House can subsequently hold a vote on the amended bill, submit its own amendment back to the Senate, or request a conference committee. House T&I Chair DeFazio and other T&I Democrats have urged leadership to allow negotiations to advocate for the inclusion of provisions within the original INVEST in America Act, passed by the House on July 1.
Sen. Deb Fischer event at Omaha Track on July 23 -The NRC conducted a very successful grassroots event with Omaha Track and Senator Deb Fischer last Friday. Special thanks to Lisa Roberts, Omaha Track's director of business development and marketing, for hosting. The NRC has a few other events in the pipeline but please let us know if you have any ideas for an event and/or would like to host something and we can discuss further.
House THUD Appropriations for FY2022 – On July 29 the House passed the FY22 Transportation Appropriations bill as part of its seven-bill “minibus” before recessing for August.
I highly recommend hosting a grassroots event. Our event helped EVRAZ establish a connection with our elected officials. They gained a better understanding of the value we create for the local economy and our industry. The meeting also motivated our employees. They know that their elected officials find value in what they do. At our facility in Pueblo, we toured the construction of our new, long-rail mill and the solar farm that provides up to 90 percent of the energy we consume. Providing this exposure to our growth and green energy projects has generated good PR to our company and for the railway supply community too.
Owner
Ferryman Railroad Consulting
