conservation and stewardship.

Inflation Reduction Act (IRA)

The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. The $500 billion in spending outlined in the legislation goes toward the further development of a clean energy economy, climate mitigation efforts, lowering health care costs, and more. OIA members were an important voice in advocacy for the IRA through its many iterations, including the Build Back Better Act. The outdoor industry and the outdoors will benefit greatly from the legislation, including through a broad range of key opportunities across incentives to transition to renewable energy and from spending that will be invested in public lands to bolster climate resiliency.

Bipartisan Infrastructure Law (BIL)

The Bipartisan Infrastructure Law, passed in late 2021, was described as a once-in-ageneration investment in our nation’s infrastructure and competitiveness. Portions of the bill mandate direct action to address topics near and dear to the outdoor industry’s collective heart, including environmental justice and investments to modernize the nation’s supply chain. BIL increases investments in transportation, rural development, and natural spaces, creating jobs and connecting more people to our public lands and waters.