National Infrastructure Investment Corporation Act of 2023
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- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The National Infrastructure Investment Corporation Act of 2023 establishes a new government corporation to address significant infrastructure needs in the United States. This corporation would provide loans, loan guarantees, and bonds to states and cities for projects like transportation, energy, and telecommunications, aiming to minimize costs to the federal government. The corporation's board would be composed of diverse appointees from Congress and the Executive Branch, and it would be subject to regular audits and reports to Congress. The corporation can also accept loans from pension funds to finance its operations.
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