Powering Strong Communities

Senate Sends $550 Billion Infrastructure Bill To House

On August 10, the U.S. Senate passed – on a bipartisan 69 to 30 vote – the $550 billion Infrastructure Investment and Jobs Act (H.R. 3684) on to the House of Representatives for consideration. House passage would be required before President Biden could sign the bill into law. 

House activity is not expected until this fall. 

House Speaker Nancy Pelosi, D-California, has said the bill will not be brought up for consideration until the Senate has drafted and passed budget reconciliation legislation that would provide another $3.5 trillion in additional spending and tax relief. 

The American Public Power Association had previously reported on infrastructure package provisions of interest to public power. The agreement did not incorporate a proposal to encourage the sale of public utilities and other revenue generating assets – dubbed “asset recycling” – as a way to fund additional infrastructure investments. Opposition of that proposal was a top priority for the association.

Under a budget resolution being considered in the Senate, 12 Senate committees have until September 15 to report their budget reconciliation bills. This means that consideration by the full Senate likely would come in the second half of September at the earliest. Bills reported under reconciliation instructions cannot be filibustered and would therefore require only a simple majority vote to pass.

The fiscal year 2022 and beyond budget resolution has had over 400 amendments filed