President Biden signed the omnibus $1.7 trillion federal funding package into law.
The final Fiscal Year (FY) 2023 appropriations bill, meeting authorized spending levels for federal road, bridge and public transportation programs and providing supplemental investment for surface transportation programs. When combined with the FY 2023 resources included in the Infrastructure Investment and Jobs Act (IIJA), the federal government this fiscal year will allocate nearly $72 billion for highways, $21 billion for mass transit and $9 billion for airport construction.
The package, which funds the federal government through Sept. 30, 2023, was amended by the Senate to include the ‘Cornyn-Padilla’ amendment. This provision gives state and local governments additional flexibility to spend COVID-19 federal relief resources on transportation infrastructure projects.