The infrastructure bill, targeted at investing $1.2 trillion over the ensuing eight years, would have tighter tax reporting requirements levied on brokers who facilitate cryptocurrency trading, among other types of trading.2 Nov 2021
What is the new crypto bill?
The new crypto bill proposes strict punishments on anyone who violates the rules set by the government, according to a report by Reuters. The government had tabled the bill during the winter session of Parliament and earlier planned to ban all cryptocurrencies.8 Dec 2021
What ETF will benefit from infrastructure bill?
Since the bill is based on the U.S. infrastructure overhaul, the sector should boom undoubtedly. iShares U.S. Infrastructure ETF IFRA, ProShares DJ Brookfield Global Infrastructure ETF TOLZ and Global X U.S. Infrastructure Development ETF PAVE have been among the top picks here.10 Nov 2021
What is the current transportation act?
The FAST Act authorizes $305 billion over fiscal years 2016 through 2020 for the Department's highway, highway and motor vehicle safety, public transportation, motor carrier safety, hazardous materials safety, rail, and research, technology and statistics programs.
Was the FAST Act extended?
Transportation Initiates Shutdown Procedures At midnight on , the law authorizing federal surface transportation programs, the Fixing America's Surface Transportation Act (FAST Act; P.L. 114-94), as extended, expired.1 Oct 2021
What is the surface transportation bill?
The Surface Transportation Reauthorization Act of 2021 sets a new baseline funding level at a historic high of $303.5 billion for Department of Transportation programs for highways, roads, and bridges. This marks an increase of more than 34 percent from the last reauthorization to pass Congress, the FAST Act, in 2015.26 May 2021
What is included in the Infrastructure Investment and Jobs Act?
The act was initially a $715 billion infrastructure package that included provisions related to federal-aid highway, transit, highway safety, motor carrier, research, hazardous materials, and rail programs of the Department of Transportation.
What is HR 3684 Infrastructure Investment and Jobs Act?
An act to authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes.