Bill > HR131

This resolution expresses support for the creation of a National Infrastructure Bank (NIB) to address critical infrastructure needs in the United States, particularly in Georgia. The resolution highlights the poor state of infrastructure, as graded by the American Society of Civil Engineers (ASCE), which gave the United States a C- and Georgia a C+ in 2024, with specific challenges including inadequate transit, roads, wastewater systems, and housing. The proposed NIB, modeled after historical infrastructure banks from previous presidential administrations, would be capitalized using existing Treasury debt without requiring new federal appropriations or taxes. The bank aims to invest $5 trillion in infrastructure projects, potentially creating 25 million high-wage jobs, and would focus on repairing and building critical infrastructure like roads, bridges, schools, affordable housing, sewers, and lead service line replacements. The NIB would prioritize prevailing wages, enforce a Buy America policy, support small and medium-sized businesses, and ensure participation of Disadvantaged Minority Enterprises. The resolution notes widespread support from various state legislatures, caucuses, labor organizations, and other groups, and calls for the House of Representatives to support HR 4052 or equivalent legislation to establish the National Infrastructure Bank.

Transportation and Infrastructure

https://www.legis.ga.gov/legislation/69783