H.R.5356

H. R. 5356

September 15, 2025

Mr. Davis of Illinois (for himself, Mr. Smith of Washington, Mr. Espaillat, Mr. Lynch, Mr. Tonko, Ms. Pingree, Mr. Magaziner, Mr. Cleaver, Mr. Deluzio, Mr. Garamendi, Mr. Mullin, Ms. Velázquez, Mr. Frost, Mr. Landsman, Mr. Suozzi, Mr. McGovern, Mrs. Ramirez, Mr. Amo, Ms. Tlaib, Mr. Khanna, Mr. Thanedar, Ms. Kaptur, Mr. Jackson of Illinois, Mr. Johnson of Georgia, Mr. Torres of New York, Mr. Goldman of New York, Mr. Nadler, Mr. Latimer, Mr. Ryan, Mr. García of Illinois, Mr. Evans of Pennsylvania, Mr. Carson, and Ms. Norton) introduced the following bill; which was 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

A BILL

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.

1. Short title; table of contents; 2. Findings; TITLE I—REVENUE PROVISIONS; 101. Treatment of National Infrastructure Bank as a Government corporation exempt from tax; 102. Treatment of contributions to the National Infrastructure Bank as charitable contributions; 103. Preferred dividends of National Infrastructure Bank excludible from gross income; TITLE II—ESTABLISHMENT OF NATIONAL INFRASTRUCTURE BANK; 201. Definitions; 202. Establishment of National Infrastructure Bank; 203. Purposes and authorizations; 204. Formation of regional economic accelerator planning groups; 205. Eligibility criteria for assistance from the Bank; 206. Board of Directors; 207. Powers and limitations of the Board; 208. Executive Committee; 209. Risk management committee; 210. Audit committee; 211. Personnel; 212. Special Inspector General for the National Infrastructure Bank; 213. Status and applicability of certain Federal and State laws; 214. Exemption from certain laws; 215. Relations with local financial institutions; 216. Audits; reports to President and Congress; 217. Budgetary effects; 218. Authorization of appropriations

Preferred dividends of National Infrastructure Bank