How much money will Colorado get from the infrastructure bill?
DENVER, (KDVR) – Late Friday night, the House approved a long-awaited infrastructure bill, paving the way for more than $ 1 trillion in improvements nationwide.
The House passed measure 228-206, with 13 Republicans supporting the measure and six Democrats voting against.
But what exactly does this mean for Colorado?
“Really statewide, it’s going to have a huge impact,” Tony Milo says.
Milo is the executive director of the Colorado Contractor’s Association, which represents thousands of Colorado construction workers.
“We have underinvested in our country’s infrastructure for years,” he said. “This is going to mean a real boost for the country and a big boost for Colorado.”
Based on the funding formulas, Colorado Democrats say the state should receive the following from the bill:
- $ 3.7 billion for road improvements and $ 225 million for bridge replacement and repair over five years.
- $ 916 million over five years to improve public transportation options across the state.
- A minimum of $ 100 million to help provide broadband coverage throughout Colorado, including access to the at least 85,000 Coloradans who currently lack it.
- $ 688 million over five years to improve water infrastructure statewide and make clean, safe drinking water a right in all communities.
- $ 35 million over five years to protect against forest fires.
- $ 57 over five years to support the expansion of an electric vehicle charging network in the state. We in Colorado will also have the option of claiming the $ 2.5 billion in dedicated electric vehicle charging subsidies in the bill.
- $ 16 million to protect against cyber attacks.
- $ 432 million over five years to improve Colorado airports.
The Colorado Contractor’s Association estimates the result will be about a 30% increase in infrastructure improvements statewide.
Senator John Hickenlooper, who negotiated the original bill as part of a bipartisan group of 22 senators, said he woke up to the news on Saturday.
“To finally see that we have succeeded is very exciting, very rewarding,” he said. “This is the biggest investment in our future since the Great Depression.
Congresswoman Lauren Boebert, who voted against the bill, called it a “waste” in a tweet early Saturday, attacking the 13 Republicans who voted for it:
“RINOS just passed this unnecessary $ 1.2 trillion ‘infrastructure’ bill,” Boebert wrote. “Pelosi did not have the votes in his party to pass this garbage. It’s time to name names and hold these bogus Republicans to account. “
Others, like Milo, say that regardless of political status, improvements are needed in Colorado.
“All Coloradans, whether you’re a Republican, Democrat or unaffiliated, you’re going to benefit,” Milo said. “It’s a really big day for Colorado.”
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