National Infrastructure Bank Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The National Infrastructure Bank Act of 2025 proposes to establish a national bank dedicated to financing infrastructure projects and creating jobs across the United States. The bank would be capitalized through Treasury securities and preferred stock, with dividends treated as charitable contributions. It aims to address a significant infrastructure funding gap identified by the American Society of Civil Engineers, leveraging public and private investment to modernize transportation, water, energy, and other critical systems. The act also includes provisions to streamline the loan process and prioritize projects benefiting disadvantaged communities.
Key provisions
- Creates a National Infrastructure Bank to finance infrastructure projects.
- Treats bank contributions as charitable donations, exempting dividends from income tax.
- Allows the bank to issue bonds and maintain a revolving credit line.
- Establishes criteria for project eligibility, including public benefit and disadvantaged community impact.
- Requires the bank to prioritize projects that address critical infrastructure needs and create jobs.
- Establishes regional economic accelerator planning groups to identify infrastructure priorities.
- Includes provisions to streamline regulations and encourage domestic production of construction materials.
- Authorizes the bank to accept deposits and provide loans to qualified entities.
Who is affected
- Federal Government
Bill text
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64 on record
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