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California aims to capture billions from federal infrastructure law, secretary says
Summary
California expects roughly $40 billion in formula dollars over five years from the Infrastructure Investment and Jobs Act and plans to compete aggressively for nearly $100 billion in discretionary transportation funds, Secretary Toks Omishakin said in a conversation with San Jose Mayor Sam Liccardo.
Toks Omishakin, secretary of the California State Transportation Agency, told a recorded session with San Jose Mayor Sam Liccardo that California is positioned to be a leading recipient of funds from the federal Infrastructure Investment and Jobs Act.
“We're projected to get roughly $40,000,000,000 over the next five years,” Omishakin said, and he added the state is well placed to compete for nearly $100,000,000,000 in additional discretionary transportation funds beyond formula allocations.
Why it matters: The Infrastructure Investment and Jobs…
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