Summary — HJ 1: United States of America — National Infrastructure Bank
Status and procedural timeline
- Introduced (pre‑filed Sept. 24, 2024; formally introduced Jan. 8–9, 2025).
- Assigned to House Rules and Executive Nominations; referred to relevant committees.
- Hearing scheduled for March 3, 2025 at 12:00 p.m. (per bill header).
- Companion/related measures: Senate joint resolution SJ 2 (Sen. Lewis Young, et al.); cross‑file CF 5lr1729.
- Sponsors (per bill text): Delegates Qi and Wu. (Legislative record also lists Tyson Running Wolf as a sponsor entry.)
Purpose / intent
- HJ 1 is a nonbinding joint resolution urging the U.S. Congress to enact H.R. 4052, the “National Infrastructure Bank Act,” which would establish a federally chartered National Infrastructure Bank capitalized at $5.0 trillion to finance nationwide infrastructure repair and new projects.
Key content of the resolution
- Expresses concern that U.S. infrastructure needs substantial investment (citing ASCE 2021 estimates and other state/local indicators).
- Urges Congress to pass H.R. 4052 to create a $5 trillion National Infrastructure Bank to: finance bringing infrastructure to a “state of good repair,” build new projects (broadband, roads/bridges, power grid expansion, drinking water and wastewater, affordable housing, transit, high‑speed rail, Washington Metro capital, etc.).
- Highlights proponents’ claimed features of the proposed bank: projected creation of 25 million jobs; adherence to Davis–Bacon prevailing‑wage rules; enforcement of Buy America provisions; targeted disbursements to disadvantaged business enterprises; requirements for minority hiring; and assertions of economic growth benefits — including claims that the bank would not require new federal spending or taxes.
- Notes broad support among a number of state legislatures, local governments, and national organizations (e.g., NACO, NADO, various legislative caucuses, trade and labor groups).
Effect and who is affected
- HJ 1 itself is advisory and nonbinding: it does not create programs, appropriate funds, or change Maryland law.
- If H.R. 4052 were enacted, intended beneficiaries would include federal, state and local infrastructure projects, construction and utility sectors, contractors (including disadvantaged/minority‑owned), and workers. Maryland-specific infrastructure areas cited include bridges, drinking water systems, stormwater, affordable housing, and congested roadways.
- Fiscal note (Maryland Department of Legislative Services): the joint resolution has no direct fiscal impact on State or local finances.
Other notes
- The resolution mainly functions as a formal statement of Maryland’s support for the federal proposal and requests transmission of copies to federal and state officials.
- Because HJ 1 does not amend state law or commit state funds, its primary value is political/advocacy rather than regulatory or fiscal.