Bill > HR3483

This bill establishes a Strategic Infrastructure Fund Working Group to provide input on the feasibility of creating a program to support strategically important capital-intensive infrastructure projects, particularly in the areas of civil nuclear technologies and microprocessors. The working group is composed of senior-level federal officials from various agencies, including the Departments of State, Treasury, Commerce, Energy, and others. The group is tasked with providing direction and advice on the design and governance of the proposed Strategic Infrastructure Fund, and is required to submit a report to Congress within one year with suggested legislative language for establishing and structuring the fund. The report must also specify that the fund's expenditures will be administered by the Secretary of State or their designee.