Bill > HR173

This resolution urges the United States Congress to establish a National Infrastructure Bank (NIB), citing critical infrastructure needs across the country. The resolution highlights the American Society of Civil Engineers' (ASCE) 2025 assessment that the United States requires over $9 trillion to bring infrastructure to a good condition, with a $3.7 trillion investment gap. Specifically for Pennsylvania, the resolution notes infrastructure challenges including aging water systems, bridges in poor condition, wastewater system deficiencies, and housing shortages. The proposed $5 trillion NIB would be modeled after historical infrastructure banks from earlier presidential administrations, aim to create an estimated 25 million jobs, and be capitalized using existing Treasury debt without requiring new federal spending or taxes. The NIB is projected to grow the federal economy by 5% annually and has received endorsements from numerous state legislators, national organizations, and local governments, including cities in Pennsylvania like Pittsburgh and Philadelphia. The resolution calls on Congress to establish the National Infrastructure Bank and directs that copies of the resolution be sent to the President, Congressional leadership, and Pennsylvania's congressional representatives.

Government Affairs

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=R&bn=173