A new national bank would help fund local roads, bridges, and water systems across the U.S.
This bill would create a new Federal Infrastructure Bank to help pay for major projects like roads, bridges, and water systems across the country. It would offer loans and investments to states, cities, and private companies, with a special focus on rural areas. People who invest in this new bank could also get a tax credit.
Today, there is no Federal Infrastructure Bank to provide dedicated financing for U.S. infrastructure projects, and no specific tax credit for investing in such a bank. If this bill becomes law, it would create a new Federal Infrastructure Bank and its Holding Company, which would offer loans and investments for a wide range of infrastructure projects, including a guaranteed portion for rural areas. It would also introduce a new tax credit for initial equity investors in the Holding Company.
HR 1235 · 119th Congress · February 12, 2025 · AI Summary by gemini-2.5-flash · 9/10
Sign in to see your representatives' phone numbers
5 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.