National Infrastructure Bank Act of 2025
National Infrastructure Bank Act of 2025
Plain Language Summary
# National Infrastructure Bank Act of 2025 — Summary **What the Bill Would Do** The National Infrastructure Bank Act of 2025 would establish a new federal bank dedicated to financing infrastructure projects across the United States. This bank would provide loans, grants, or other financial support for projects like roads, bridges, water systems, rail networks, and other critical infrastructure. The goal would be to accelerate infrastructure development and modernization by creating a centralized federal institution specifically designed to fund these types of projects. **Who It Affects** This bill would primarily affect state and local governments, which could apply for funding for infrastructure projects in their communities. It could also impact construction and engineering companies that work on these projects, as well as taxpayers who would ultimately fund the bank.
Communities with aging or inadequate infrastructure could potentially benefit from increased access to financing. **Current Status** The bill was introduced by Representative Danny K. Davis (D-IL) and is currently in committee, meaning it has not yet advanced to a full House vote. At this stage, the bill is under review and has not been enacted into law.
Latest Action
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Transportation and Infrastructure, Financial Services, Education and Workforce, Natural Resources, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.