A Resolution urging the Congress of the United States to establish the National Infrastructure Bank.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This resolution urges the United States Congress to establish a National Infrastructure Bank. The resolution highlights the significant infrastructure needs in Pennsylvania and the United States, citing substantial funding gaps and the need for investment in areas like water systems, bridges, and transit. It argues that the bank, modeled after successful historical institutions, would create jobs, support domestic businesses, and stimulate economic growth.
Key provisions
- Urges the Congress of the United States to establish the National Infrastructure Bank.
- References significant infrastructure funding gaps in Pennsylvania and the US, totaling trillions of dollars.
- Highlights specific infrastructure needs in Pennsylvania, including water systems, bridges, wastewater systems, and transit.
- Models the bank on successful historical infrastructure banks.
- States the bank would be capitalized by existing Treasury debt and require no new taxes.
- Projects the bank would create an estimated 25 million jobs.
- Lists endorsements from various national and state organizations.
- Directs the resolution to be sent to key federal and state officials.
Who is affected
- Federal Government
- State of Pennsylvania
- Local Governments
- Construction Industry
- Job Seekers
Notable changes
Bill text
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Document of record
- Version
- Pn 1245 Html
- Published
- Not published in the source record
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Sponsors
Official sponsors from legislative records.
9 on record
Primary sponsor
Cosponsors
Jose Giral
Arguments
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