Virginia Hoping To Benefit From Infrastructure Investment Act

The recently approved Infrastructure Investment and Jobs Act could help move Southwest Virginia and the rest of the Commonwealth from its current 26 rank in the nation of structurally deficient bridges considered in poor condition. The Commonwealth is expected to cop more than eight million dollars for highway, bridge and transit investments over the next five years as part of the infrastructure legislation. The new law is also expected to increase Virginia’s economic activity as disposable income in the state is projected to increase by more than 700 million dollars with state and local tax receipts increasing on average of 332 million dollars a year.