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Related Topic: Fiscal

More Federal Funds in the Pipeline

The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) signed into law in November 2021 aims to modernize roads, ports, bridges, transit, broadband, rail, and water infrastructure. The Act provides funding for states and territories, direct grants, and credit programs to finance infrastructure projects. NCSL is closely monitoring the key provisions and resources related to IIJA and its impact on state legislatures.

Related Resources

Earned Income Tax Credit Overview

Overview of state and federal earned income tax credits, including recently enacted legislation. EITC is a tax credit that reduces the amount of federal income tax owed and is refundable if the tax filer's credit is larger than their tax liability.
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One-time vs. Recurring Revenues and Expenditures

Publication by NCSL's Budget Working Group. The report evaluates the challenges of differentiating between recurring vs. nonrecurring revenues and expenditures in short- and long-term budgeting practices.
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