The federal Infrastructure Investment and Jobs Act (IIJA) authorizes $1.2 trillion to be spent over five years for transportation, water, energy, resiliency, and broadband. Of this amount, $550 billion is new spending and $650 billion is reauthorized spending from the Fixing America's Surface Transportation (FAST) Act and other previous authorizations. The majority of state funding in the IIJA is allocated through formulas, but the act also authorizes funding for new and existing competitive grants.
