Inflation Reduction Act of 2022 Passed by Senate

Aug 10, 2022

Excerpt from the Association of Commuter Transportation (ACT) Public Policy Newsletter:

The $700 billion plus Inflation Reduction Act of 2022 (IRA) was passed by the U.S. Senate on Sunday, August 7 and is scheduled to be taken up by the U.S. House of Representatives on Friday, August 12.
Association for Commuter Transportation (ACT) members should be heartened by many of the climate related provisions included in the IRA. IRA programs where local governments are eligible include – ($1.5 billion) State and Private Forestry Conservation Program, ($2.6 billion) Investing in Coastal Communities and Climate Resilience, ($297 million) Alternative Fuel and Low-Emission Aviation Technology Program, ($1 billion) Assistance for Latest and Zero Building Energy Code Adoption, ($760 million) Grants to Facilitate the Siting of Interstate Electricity Transmission Lines, ($1 billion) Clean Heavy-Duty Vehicles, ($2.25 billion) Grants to Eliminate Air Pollution at Ports, ($27 billion) Greenhouse Gas Reduction Fund, ($5 billion) Greenhouse Gas Air Pollution Planning and Implementation Grants, ($17 million) Low Emissions Electricity Program, ($3 billion) Environmental and Climate Justice Block Grants, ($3.05 billion) Neighborhood Access and Equity Grant Program, and ($2 billion) Low-Carbon Transportation Materials Grants.

In staying with the principles of emissions reductions and investments and incentives for disadvantaged communities. Both the $3.05 Neighborhood Access and Equity Grant Program (reconnecting communities) and the $2 billion Low-Carbon Transportation Materials Grant Program include language that exclude funding from either program going toward projects for additional through travel lanes for single-occupant passenger vehicles.