The bill falls short of the transformational climate measures that President Biden has requested.
Federal prosecutors charged Mr. Milton with misleading investors about the technology for battery- and hydrogen-powered vehicles Nikola had hoped to manufacture.
The White House and bipartisan lawmakers have agreed on a package that would provide funding for roads, bridges and other physical infrastructure.
A bipartisan package includes the largest-ever federal spending for electric vehicle charging stations, public transit and clean water.
Ford has had to halt or slow production of highly profitable models like the F-150 pickup truck and various sport-utility vehicles.
The electric car company made $1 billion in the second quarter as its revenue roughly doubled from the same period a year earlier.
The deal would provide badly needed cash to a company that said this summer that it could go out of business without raising more money.
The auto giant bet on hydrogen power, but as the world moves toward electric, the company is fighting climate regulations in an apparent effort to buy time.
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.