Bill > SJR0015

This resolution urges the U.S. Congress to pass H.R. 4052, the National Infrastructure Bank Act, which would establish a $5 trillion infrastructure bank to address critical nationwide infrastructure needs. The resolution highlights the American Society of Civil Engineers' assessment that the U.S. infrastructure received a C- grade, with over two trillion dollars of infrastructure currently unfunded. Specifically for Illinois, the state faces significant challenges including 675,000 lead water service lines, 2,405 bridges in poor condition, and a 116% increase in homelessness. The proposed national infrastructure bank would create an estimated 25 million new jobs, enforce Davis-Bacon wage standards and Buy America provisions, and provide opportunities for Disadvantaged Business Enterprises. The bank is modeled after historical infrastructure banks that helped build critical national infrastructure during the administrations of presidents like Washington, Lincoln, and Roosevelt. Supporters include numerous state legislative caucuses, professional associations, and labor unions, with 29 state legislatures already showing support. The resolution calls for copies of the resolution to be delivered to key federal and state leaders to encourage support for the proposed infrastructure bank.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=15&GAID=18&DocTypeID=SJR&SessionID=114&GA=104