HR 3722
21st Century Infrastructure Bank Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill establishes the 21st Century American Infrastructure Bank, a government corporation designed to provide financial assistance to states, localities, and tribes for infrastructure projects in areas like transportation, energy, water, communications, and education. The bank will offer loans, bond guarantees, and equity investments, and a board of trustees will oversee its operations. The bill also mandates a study of the bank’s effectiveness and requires compliance with certain labor and domestic sourcing standards.
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Primary sponsor
Sean Patrick Maloney
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