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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.

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Restart of Federal Student Loan Payments Could Impact State Economies

Household and state budgets might feel the impact of the end of the federal government’s three-year pause on student loan payments. States that generate a large share of their overall revenue from sales taxes may face particular challenges as a result of shifting spending patterns.

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