summary
Introduced
09/15/2025
09/15/2025
In Committee
09/15/2025
09/15/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes.
AI Summary
This bill establishes a National Infrastructure Bank (NIB) to facilitate efficient long-term financing of infrastructure projects, business growth, and job creation in the United States. The bank would be a mixed-ownership government corporation with an initial capital stock of up to $500 billion, raised through public holdings of Treasury securities, cash investments, and Treasury bonds. The NIB would provide loans and financial assistance for various infrastructure projects including transportation, energy, environmental, telecommunications, and community development initiatives. The bank would be governed by a 25-member Board of Directors appointed by the President, with representatives from diverse backgrounds including engineering, labor unions, and economic development. The bill includes provisions for strict governance, including an Executive Committee, risk management committee, and audit committee, and mandates compliance with federal labor laws, Davis-Bacon wage requirements, and civil rights regulations. The NIB would prioritize projects that promote economic growth, job creation, environmental benefits, and development in disadvantaged communities, with a goal of addressing an estimated $3.689 trillion infrastructure funding gap identified by the American Society of Civil Engineers. The bank would operate with oversight from a Special Inspector General and would be required to submit annual reports to Congress detailing its operations and project impacts.
Committee Categories
Business and Industry
Sponsors (58)
Danny Davis (D)*,
Alma Adams (D),
Gabe Amo (D),
Wesley Bell (D),
Brendan Boyle (D),
Shontel Brown (D),
André Carson (D),
Sheila Cherfilus-McCormick (D),
Emanuel Cleaver (D),
Chris Deluzio (D),
Debbie Dingell (D),
Adriano Espaillat (D),
Dwight Evans (D),
Teresa Fernandez (D),
Valerie Foushee (D),
Laura Friedman (D),
Maxwell Frost (D),
John Garamendi (D),
Chuy García (D),
Dan Goldman (D),
Jonathan Jackson (D),
Sara Jacobs (D),
Pramila Jayapal (D),
Hank Johnson (D),
Marcy Kaptur (D),
Timothy Kennedy (D),
Ro Khanna (D),
Greg Landsman (D),
George Latimer (D),
Summer Lee (D),
Zoe Lofgren (D),
Stephen Lynch (D),
Seth Magaziner (D),
John Mannion (D),
Jenn McClellan (D),
Jim McGovern (D),
Kevin Mullin (D),
Jerry Nadler (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Jimmy Panetta (D),
Chellie Pingree (D),
Delia Ramirez (D),
Deborah Ross (D),
Pat Ryan (D),
Lateefah Simon (D),
Adam Smith (D),
Melanie Stansbury (D),
Tom Suozzi (D),
Eric Swalwell (D),
Shri Thanedar (D),
Bennie Thompson (D),
Rashida Tlaib (D),
Paul Tonko (D),
Ritchie Torres (D),
Gabe Vasquez (D),
Nydia Velázquez (D),
Bonnie Watson Coleman (D),
Last Action
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Transportation and Infrastructure, Financial Services, Education and Workforce, Natural Resources, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 09/15/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/5356/all-info |
| BillText | https://www.congress.gov/119/bills/hr5356/BILLS-119hr5356ih.pdf |
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