ARPA and Contingency Reserve Fund
H.3604 was amended to appropriate funding to certain infrastructure purposes to foster economic development. The new version of the bill stipulates that The Department of Commerce would be appropriated $1.09 billion to Project Connect to fund road, water, bridge, and land/soil infrastructure and improvements. The bill would allow the Department of Commerce to be appropriated $200 million to loan funds to the Project Connect sponsor for additional soil stabilization projects.
Status: H.3604 was amended on March 14 and was concurred in the Senate and enrolled on March 15.