American Rescue Plan Act
With the $3.8 billion of state aid provided by the American Rescue Plan Act, the Governor and legislature rolled out a roadmap of investments (PDF) designed to power the Colorado Comeback. These investments were informed by the feedback received from the statewide Build Back Stronger listening tour (conducted in the spring of 2021), financial gap analysis of aid given to needs through the CARES Act, and allowable uses as defined by the United States Treasury.
Colorado Recovery Plan
Developed with bipartisan input from lawmakers and community partners across the state, the Colorado Recovery Plan was a stimulus plan which prioritized one-time investments that would have a stimulative effect on the economy, create jobs and benefit the hardest-hit communities in response to the economic fallout of COVID-19.
Infrastructure Investment and Jobs Act (IIJA)
The Infrastructure and Investment Jobs Act (IIJA) (Public Law 117-58, also known as the "Bipartisan Infrastructure Law") provides once-in-a-generation infrastructure funding to State, Tribal, and local governments. This law is historic in size and will result in the largest ever investment in infrastructure projects like broadband, rail and transit, clean energy, and water. IIJA includes over 350 distinct programs across more than a dozen federal departments and agencies.
Inflation Reduction Act
The Inflation Reduction Act (IRA), signed into law in August 2022, is the most significant action Congress has taken on clean energy and climate change in U.S. history. IRA includes billions of dollars in production credits, tax credits, access to capital and loans for clean energy projects as well as grant opportunities for climate resilience, pollution reduction, and environmental justice.
