Bill
AR 45
Overview: AR 45, Urges Congress to establish national infrastructure bank, Introduced in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee, January
Overview: AR 45, Urges Congress to establish national infrastructure bank, Introduced in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee, January 09, 2024
Purpose and Intent: This resolution calls on the United States Congress to establish a national infrastructure bank. The resolution recognizes the critical need for significant investment in the nation's aging infrastructure, and believes that a dedicated federal infrastructure bank would provide a reliable source of funding and financing for these essential projects.
Key Provisions:
- Urges Congress to create a national infrastructure bank
- Calls for the bank to provide low-interest loans, grants, and other financial assistance for infrastructure projects
- Suggests that the bank should prioritize projects that promote sustainability, resilience, and equitable access to infrastructure
Affected Parties and Impacts: The establishment of a national infrastructure bank would potentially benefit a wide range of stakeholders, including state and local governments, private businesses, and the general public. By providing dedicated funding and financing for infrastructure projects, the bank could help address the nation's infrastructure needs and spur economic growth and job creation.
Procedural and Timeline Considerations: The resolution has been introduced in the New Jersey Assembly and referred to the Assembly Financial Institutions and Insurance Committee. The committee will likely hold hearings and gather input from experts and stakeholders before deciding whether to advance the resolution to the full Assembly for consideration.
Compiled from official sources — confirm details with the bill’s official record.
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