WeVote
Log In

Bill

Bill

SJ 2

United States of America - National Infrastructure Bank

2025 Regular Session Introduced by Johnny Salling and 2 co-sponsors

Maryland nonbinding SJ 2 urges Congress to enact HR 4052, creating a $5 trillion National Infrastructure Bank to finance U.S. infrastructure repair and new projects.

Hearing 1/29 at 10:30 a.m.
0
WeVote Research Nonpartisan
Bill Summary · SJ 2

Summary — Senate Joint Resolution 2 (SJ 2)

Title: United States of America – National Infrastructure Bank
Classification: Joint Resolution
Introduced: Drafting began Sept 24, 2024; formally introduced/read Jan 13, 2025
Primary sponsor(s): Senators Lewis Young, Salling, and West (document lists Barry Usher as primary in tracking system)
Companion: HJ 1 (Delegates Qi and Wu)
Status (selected): Hearing scheduled 1/29/2025; tabled in committee; missed revenue‑bill transmittal deadline; ultimately listed as “Died in Process” 5/23/2025.

Purpose

SJ 2 is a non‑binding 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 provisions (what the resolution requests)

  • Expresses Maryland’s support for H.R. 4052 to create a $5 trillion National Infrastructure Bank.
  • Highlights the intended priorities of the proposed federal bank: bring infrastructure to a state of good repair and finance new 21st‑century projects (roads, bridges, water systems, power grid, broadband, affordable housing, mass transit, WMATA capital needs, Northeast Corridor rail, etc.).
  • Notes programmatic features attributed to H.R. 4052: projected 25 million jobs, enforcement of Davis–Bacon wages, Buy America rules, targeted disbursements to disadvantaged business enterprises, and minority hiring mandates; claims the bank would operate without new federal taxes or spending (per proponents’ statements).
  • Directs the Department of Legislative Services to forward copies of the resolution to the President, Maryland’s Governor and legislative leaders, and Maryland’s Congressional delegation.

Context and supporting evidence cited

  • Cites ASCE (2021) estimating more than $6 trillion needed to restore U.S. infrastructure (about $3 trillion unfunded).
  • Cites Maryland‑specific needs: bridge repair counts (ARTBA), water system failures (Baltimore water breaks), estimated stormwater and lead service line replacement costs, housing shortages (~150,000 affordable units needed), and congestion cost estimates ($5.8 billion statewide annually).
  • Notes broad institutional support reported by proponents (28 state legislatures showing similar resolutions; various national and local organizations listed).

Who is affected / impact

  • Direct effect on Maryland law or budget: none. SJ 2 is purely advisory — it urges congressional action and has no binding legal or fiscal effect on the State.
  • Potential indirect effect: if Congress enacted H.R. 4052, Maryland (local governments, utilities, contractors, workers) could be eligible for financing/support through the proposed bank.

Fiscal and procedural notes

  • Fiscal note: no direct State or local fiscal impact.
  • Legislative progress: introduced and referred to committee; hearings scheduled and later canceled; tabled in committee (Judiciary); missed a revenue‑bill transmittal deadline; recorded as “Died in Process” May 23, 2025.

Bottom line

SJ 2 is a symbolic, nonbinding Maryland resolution urging passage of a federal National Infrastructure Bank (H.R. 4052) to address large infrastructure financing needs. It articulates claimed benefits and priorities of that federal proposal but does not create state obligations or funding.

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

Sign in to ask a question.