H.R. 490 – “Federal Infrastructure Bank Act of 2023”
To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economically viable United States infrastructure projects that provide a public benefit, and for other purposes.
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Comparative Bills
H.R. 8682 – “Infrastructure Bank for America Act of 2022”
To establish the Infrastructure Bank for America to serve as a lender for and investor in infrastructure projects, and for other purposes. This Act may be cited as the “Infrastructure Bank for America Act of 2022”.
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H.R. 7231 – “Infrastructure Bank for America Act of 2020”
To establish the Infrastructure Bank for America to serve as a lender for and investor in infrastructure projects, and for other purposes. This Act may be cited as the “Infrastructure Bank for America Act of 2020”.
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H.R. 658 – “National Infrastructure Development Bank of 2019”
To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Development Bank, and for other purposes.
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H.R. 4780 – “National Infrastructure Investment Corporation Act of 2019”
To establish a Government corporation to provide loans and loan guarantees for infrastructure projects, and for other purposes.
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H.R. 6422 – “National Infrastructure Bank Act of 2020”
To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes.
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Other House & Senate Infrastructure Bills
H.R. 2 – “Moving Forward Act”
To authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes.
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S. 1535 – “Reinventing Economic Partnerships And Infrastructure Redevelopment Act”
To facilitate efficient investments and financing of infrastructure projects and new, long-term job creation through the establishment of an Infrastructure Financing Authority, and for other purposes.
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S. 2302 – “America’s Transportation Infrastructure Act of 2019”
On July 30, the Senate Environment and Public Works Committee approved America’s Transportation Infrastructure Act of 2019 S. 2302 (ATIA), the highway title of the surface transportation reauthorization. ATIA provides $287 billion for federal-aid highway programs for fiscal years (FY) 2021-2025, a 27 percent increase over current law.
ATIA continues the highway formula programs of the FAST Act, providing significant funding increases, and includes new funding for programs focused on bridge projects, climate, and resiliency. It establishes a new discretionary grant program for bridge projects, providing $3.3 billion in contract authority and authorizing another $3.3 billion in General Fund funding over the five years of the bill. ATIA also invests $10 billion over five years on programs targeted to combat the effects of climate change and invest in resilient infrastructure. The bill includes significant permitting reforms, including codifying aspects of the President’s “One Federal Decision” Executive Order.