Learn who we are and how we serve our community
Meet our leaders, trustees and team
Developing the next generation of talent
Covering the latest news and trends in the marketplaces industry
Check out wide-ranging resources that educate and inspire
Learn about the governmental initiatives we support
Connect with other professionals at a local, regional or national event
Find webinars from industry experts on the latest topics and trends
Grow your skills online, in a class or at an event with expert guidance
Access our Member Directory and connect with colleagues
Get recommended matches for new business partners
Find tools to support your education and professional development
Learn about how to join ICSC and the benefits of membership
Stay connected with ICSC and continue to receive membership benefits
President Biden scored a major victory last week when the U.S. House of Representatives voted to approve a $1 trillion infrastructure package. The President is expected to sign the bill, the Infrastructure Investment and Jobs Act (H.R. 3684), into law at a bipartisan ceremony on Monday, November 15.
The bill passed the Senate in August but had been delayed by House progressives who insisted it be paired with Biden’s Build Back Better social spending bill. Progressives relented after direct involvement by the President. Thirteen Republican members of Congress voted for the bill, ensuring its final passage. The social spending bill may be brought up for a House vote during the week of November 15, pending the release of a final cost estimate by the Congressional Budget Office. The bill would then go to the Senate for consideration. (Read more about the Build Back Better Act here.)
ICSC strongly supported the Infrastructure Investment and Jobs Act, authorizing necessary federal investment in America’s infrastructure, including historic levels of funding for roads and bridges, transit, railroads, clean water infrastructure, broadband and electric infrastructure modernization, including $7.5 billion for electric vehicle (EV) charging stations.
“We need safe and efficient infrastructure to get people and products to our marketplaces,” ICSC Vice President of Federal Operations Jennifer Platt, said.
The infrastructure legislation also includes $21 billion for a long-standing priority for President Biden, environmental remediation, including superfund and brownfield clean-up programs. The Infrastructure Investment and Jobs Act expands utilization of Private Activity Bonds, streamlines the federal permitting process making FAST-41 permanent and improves the application and review process for the Transportation Infrastructure Finance and Innovation Act (TIFIA).