Bill > HJ2

This joint resolution urges the U.S. Congress to pass federal legislation, specifically H.R. 5356, known as the "National Infrastructure Bank Act," to establish a national infrastructure bank. This proposed bank would be a significant financial entity, modeled after historical institutions that supported national development, designed to fund critical infrastructure projects across the United States. The resolution highlights the urgent need for such investment, citing a report card that gave the U.S. a "C" grade for its infrastructure and estimated trillions of dollars in unfunded needs. It specifically points to Maryland's infrastructure challenges, including numerous bridges needing repair, aging water systems, a shortage of affordable housing, and costly traffic congestion. The proposed National Infrastructure Bank is envisioned to address these issues by financing broadband expansion, road and bridge repairs, power grid upgrades, water and wastewater system improvements, affordable housing, mass transit, and high-speed rail, all while creating jobs, ensuring fair wages, and supporting disadvantaged businesses, without requiring new federal spending or taxes. The resolution also notes broad support for this initiative from various state legislatures, local governments, and national organizations.

Government Affairs

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HJ0002?ys=2026RS