SR132

Pennsylvania Senate Resolution 132 urges Congress to establish a National Infrastructure Bank to address infrastructure funding gaps.

Pennsylvania Senate Resolution 132 urges Congress to establish a National Infrastructure Bank (NIB) to address significant infrastructure funding gaps. The resolution highlights the need for over $9 trillion to bring the nation's infrastructure to a state of good repair, with Pennsylvania facing specific challenges such as lead service lines, poor condition bridges, and transit funding shortfalls. The NIB, modeled on previous banks that spurred economic growth, would invest in infrastructure projects without requiring new federal spending or taxes.