INVEST in America Act (H.R. 3684) Would Set Highway Spending 34% Above Baseline and Bring Back Earmarks [Updated June 11, 2021] [open pdf - 692KB]
From the Document: "On June 10, 2021, the House Transportation and Infrastructure Committee ordered reported the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act; H.R. 3684). The five-year bill, as reported, would authorize roughly $334 billion for federal highway construction and research programs for FY2022-FY2026. This is a roughly 48% increase, unadjusted for inflation, over the $223 billion provided for highways in the previous five-year authorization (FY2016- FY2020), the Fixing America's Surface Transportation Act (FAST Act; P.L. 114-94). The total represents a roughly 34% increase above current spending adjusted for expected inflation. H.R. 3684 also would bring back the designation of projects by Members of Congress [hyperlink] for the first time since a moratorium on earmarking was imposed in 2011. [hyperlink]"
CRS Insight, IN11690
Congressional Research Service: https://crsreports.congress.gov/