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National Infrastructure Bank Act: Investments, Job Creation, and Regional Development

This Act establishes a National Infrastructure Bank to finance major infrastructure projects across the U.S., including roads, bridges, water systems, and energy. The goal is to create new jobs, stimulate economic growth, and improve citizens' quality of life through infrastructure modernization. The Bank will provide loans and guarantees, supporting development in high-unemployment areas and disadvantaged communities.
Key points
Establishment of a National Infrastructure Bank authorized to provide up to $5 trillion in loans for infrastructure projects without requiring new federal taxes or deficits.
Funding will cover a wide range of projects: transportation (roads, bridges, rail), energy, water and wastewater systems, telecommunications (broadband), affordable housing, and schools.
The Bank will prioritize job creation, including workforce development programs and local hiring preferences, especially in high-unemployment areas and for underrepresented populations.
Tax benefits will be offered for investments in the Bank, alongside requirements for using American-made products (Buy America) and adhering to labor standards (e.g., prevailing wages, project labor agreements).
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_5356
Sponsor: Rep. Davis, Danny K. [D-IL-7]
Process start date: 2025-09-15