WeVote
Log In

Bill

Bill

HR 5356

National Infrastructure Bank Act of 2025

119th Congress Introduced by Alma Adams and 61 co-sponsors

The National Infrastructure Bank Act of 2025 creates a federal bank to fund critical infrastructure projects, boosting economic growth and job creation nationwide.

Introduced in House
0
WeVote Research Nonpartisan
Bill Summary · HR 5356

Summary of HR 5356: National Infrastructure Bank Act of 2025

Overview

The National Infrastructure Bank Act of 2025 (HR 5356) aims to establish a National Infrastructure Bank (NIB) to enhance the financing and development of infrastructure projects across the United States. The bill was introduced in the House of Representatives on September 15, 2025, and has been referred to multiple committees for consideration.

Purpose and Intent

The primary purpose of the bill is to create a government-backed financial institution that will:
- Provide funding for infrastructure projects.
- Facilitate regional economic development through strategic planning and investment.
- Encourage public-private partnerships to leverage additional funding sources.

Key Provisions

The bill is structured into several titles, each addressing different aspects of the proposed National Infrastructure Bank:

Title I: Revenue Provisions

  • Sec. 101: Designates the NIB as a government corporation exempt from federal taxes.
  • Sec. 102: Allows contributions to the NIB to be treated as charitable donations for tax purposes.
  • Sec. 103: Excludes preferred dividends from the NIB from gross income for tax purposes.

Title II: Establishment of National Infrastructure Bank

  • Sec. 201: Provides definitions relevant to the NIB.
  • Sec. 202: Establishes the NIB as a federal entity.
  • Sec. 203: Outlines the purposes of the NIB, including financing infrastructure projects and supporting regional economic growth.
  • Sec. 204: Mandates the formation of regional economic accelerator planning groups to identify and prioritize infrastructure needs.
  • Sec. 205: Sets eligibility criteria for projects seeking assistance from the NIB.
  • Sec. 206: Establishes a Board of Directors to oversee the NIB.
  • Sec. 207-210: Details the powers and limitations of the Board, including the formation of various committees (Executive, Risk Management, Audit).
  • Sec. 211: Addresses personnel matters related to the NIB.
  • Sec. 212: Creates a Special Inspector General for oversight of the NIB.
  • Sec. 213-214: Clarifies the applicability of federal and state laws to the NIB and provides exemptions from certain regulations.
  • Sec. 215: Encourages collaboration with local financial institutions.
  • Sec. 216: Requires audits and reports to be submitted to the President and Congress.
  • Sec. 217: Discusses the budgetary effects of the NIB.
  • Sec. 218: Authorizes appropriations for the NIB's operations.

Impact

The establishment of the National Infrastructure Bank is expected to:
- Enhance the availability of funding for critical infrastructure projects, such as transportation, energy, and water systems.
- Foster economic growth by creating jobs and improving public services.
- Strengthen collaboration between federal, state, and local governments as well as private sector entities.

Legislative Process

  • The bill was introduced and referred to the Committee on Energy and Commerce, along with additional committees including Ways and Means, Transportation and Infrastructure, Financial Services, Education and Workforce, Natural Resources, and the Budget for further consideration.

Sponsors

The bill is sponsored by Danny K. Davis and has numerous cosponsors, including notable representatives such as Ro Khanna, Eleanor Holmes Norton, and Marcy Kaptur.

This summary provides a comprehensive overview of HR 5356, highlighting its intent, key provisions, and potential impact on infrastructure financing in the United States.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.