National Infrastructure Development Bank Act of 2019

3.0.0 658 2022-11-01T14:32:42Z 2022-11-01T14:32:42Z House HR 2019-01-17 116 [Congressional Record Volume 165, Number 10 (Thursday, January 17, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. DeLAURO:H.R. 658.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H720]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2019-02-07T21:25:13Z hspw05 Aviation Subcommittee Referred to 2019-02-07T21:25:06Z hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee Referred to 2019-02-07T21:24:58Z hspw02 Water Resources and Environment Subcommittee Referred to 2019-02-07T21:24:50Z hspw12 Highways and Transit Subcommittee Referred to 2019-02-07T21:24:43Z Referred to 2019-01-17T14:03:45Z hswm00 Ways and Means Committee House Standing Referred to 2019-01-17T14:04:00Z hsba00 Financial Services Committee House Standing Referred to 2019-01-17T14:03:50Z hsif00 Energy and Commerce Committee House Standing Referred to 2019-01-17T14:03:40Z 2019-02-07 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. Committee 2019-02-07 hspw05 Aviation Subcommittee 1 House committee actions Referred to the Subcommittee on Aviation. Committee 2019-02-07 hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee 1 House committee actions Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. Committee 2019-02-07 hspw02 Water Resources and Environment Subcommittee 1 House committee actions Referred to the Subcommittee on Water Resources and Environment. Committee 2019-02-07 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2019-01-17 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Ways and Means, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-01-17 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Ways and Means, 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-01-17 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Ways and Means, 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. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2019-01-17 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Ways and Means, 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2019-01-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-01-17 Introduced in House IntroReferral 1000 9 Library of Congress D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 N C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2019-01-17 True C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2019-01-17 True L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2019-01-17 True C001112 Rep. Carbajal, Salud O. [D-CA-24] Salud Carbajal D CA O. 24 2019-01-17 True E000296 Rep. Evans, Dwight [D-PA-3] Dwight Evans D PA 3 2019-01-17 True D000610 Rep. Deutch, Theodore E. [D-FL-22] Theodore Deutch D FL E. 22 2019-01-17 True R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2019-01-17 True V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2019-01-17 True P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2019-01-17 True P000523 Rep. Price, David E. [D-NC-4] DAVID PRICE D NC E. 4 2019-01-17 True E000297 Rep. Espaillat, Adriano [D-NY-13] Adriano Espaillat D NY 13 2019-01-17 True D000624 Rep. Dingell, Debbie [D-MI-12] Debbie Dingell D MI 12 2019-01-17 True B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2019-01-17 True B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2019-01-17 True T000469 Rep. Tonko, Paul [D-NY-20] Paul Tonko D NY 20 2019-01-17 True B001296 Rep. Boyle, Brendan F. [D-PA-2] Brendan Boyle D PA F. 2 2019-01-17 True G000559 Rep. Garamendi, John [D-CA-3] John Garamendi D CA 3 2019-01-17 True W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2019-01-17 True L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 2019-01-17 True L000560 Rep. Larsen, Rick [D-WA-2] RICK LARSEN D WA 2 2019-01-17 True L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2019-01-17 True L000480 Rep. Lowey, Nita M. [D-NY-17] NITA LOWEY D NY M. 17 2019-01-17 True D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2019-01-17 True E000215 Rep. Eshoo, Anna G. [D-CA-18] ANNA ESHOO D CA G. 18 2019-01-17 True W000808 Rep. Wilson, Frederica S. [D-FL-24] Frederica Wilson D FL S. 24 2019-01-17 True H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2019-01-17 True A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 2019-01-17 True G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2019-01-17 True L000588 Rep. Lamb, Conor [D-PA-17] Conor Lamb D PA 17 2019-01-17 True O000173 Rep. Omar, Ilhan [D-MN-5] Ilhan Omar D MN 5 2019-01-17 True C001090 Rep. Cartwright, Matt [D-PA-8] Matt Cartwright D PA 8 2019-01-17 True C001069 Rep. Courtney, Joe [D-CT-2] Joe Courtney D CT 2 2019-01-17 True T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2019-01-17 True E000179 Rep. Engel, Eliot L. [D-NY-16] ELIOT ENGEL D NY L. 16 2019-01-17 True K000385 Rep. Kelly, Robin L. [D-IL-2] Robin Kelly D IL L. 2 2019-01-17 True S001150 Rep. Schiff, Adam B. [D-CA-28] ADAM SCHIFF D CA B. 28 2019-01-17 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2019-01-17 True M001143 Rep. McCollum, Betty [D-MN-4] BETTY MCCOLLUM D MN 4 2019-01-17 True F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2019-01-17 True S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2019-01-17 True L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2019-01-17 True W000797 Rep. Wasserman Schultz, Debbie [D-FL-23] Debbie Wasserman Schultz D FL 23 2019-01-17 True C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2019-01-17 True H001047 Rep. Himes, James A. [D-CT-4] James Himes D CT A. 4 2019-01-17 True K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2019-01-17 True C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2019-01-17 True V000131 Rep. Veasey, Marc A. [D-TX-33] Marc Veasey D TX A. 33 2019-01-17 True D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2019-01-17 True D000482 Rep. Doyle, Michael F. [D-PA-18] MIKE DOYLE D PA 18 2019-01-17 True C001101 Rep. Clark, Katherine M. [D-MA-5] Katherine Clark D MA M. 5 2019-01-17 True S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2019-01-17 True P000597 Rep. Pingree, Chellie [D-ME-1] Chellie Pingree D ME 1 2019-01-17 True C001097 Rep. Cárdenas, Tony [D-CA-29] Tony Cárdenas D CA 29 2019-01-17 True S000248 Rep. Serrano, Jose E. [D-NY-15] JOSE SERRANO D NY E. 15 2019-01-17 True K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2019-01-17 True S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2019-01-17 True K000389 Rep. Khanna, Ro [D-CA-17] Ro Khanna D CA 17 2019-01-17 True K000375 Rep. Keating, William R. [D-MA-9] William Keating D MA R. 9 2019-01-17 True S001175 Rep. Speier, Jackie [D-CA-14] Jackie Speier D CA 14 2019-01-22 False M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2019-02-06 False C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2019-03-04 False K000379 Rep. Kennedy, Joseph P., III [D-MA-4] Joseph Kennedy D MA P. 4 2020-06-22 False Government Operations and Politics Accounting and auditing Air quality Alternative and renewable resources Bank accounts, deposits, capital Broadcasting, cable, digital technologies Buy American requirements Climate change and greenhouse gases Dams and canals Economic development Educational facilities and institutions Electric power generation and transmission Employment and training programs Energy efficiency and conservation Energy storage, supplies, demand Environmental health Executive agency funding and structure Federal preemption Floods and storm protection Government corporations and government-sponsored enterprises Government lending and loan guarantees Government trust funds Hazardous wastes and toxic substances Health facilities and institutions Infrastructure development Intergovernmental relations Metals Public housing Public-private cooperation Rural conditions and development Securities Solid waste and recycling State and local taxation Tax-exempt organizations Telephone and wireless communication Transportation programs funding Transportation safety and security User charges and fees Wages and earnings Water quality Water use and supply Wetlands Women's employment Government Operations and Politics

00 2019-01-17 Introduced in House 2020-12-18T17:50:41Z National Infrastructure Development Bank Act of 2019

This bill establishes the National Infrastructure Development Bank as a government corporation to finance energy, environmental (e.g., drinking water or waste facilities), telecommunications, and transportation infrastructure projects. The National Infrastructure Development Bank Board, established by this bill, must oversee the projects. The board may make loans and loan guarantees to assist in financing infrastructure projects.

In addition, the board must establish an American Infrastructure Bond program. Under the program, the board may subsidize interest payments by the issuers of state or local bonds. The bill establishes the National Infrastructure Development Bank Trust Fund and appropriates to the fund an amount equal to the tax receipts attributable to interest payable under the bonds.

With the approval of the Department of the Treasury, the board may issue public benefit bonds to provide financing to infrastructure projects.

The bill exempts bonds issued by the bank, and the interest on or credits with respect to the bonds, from state or local government taxation.

Financial assistance for an infrastructure project must be repayable from dedicated revenue sources that also secure the infrastructure project obligations. The assistance may not exceed 50% of reasonably anticipated project costs.

]]>

National Infrastructure Development Bank Act of 2019 Display Title National Infrastructure Development Bank Act of 2019 Official Title as Introduced 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. Introduced in House IH Short Title(s) as Introduced National Infrastructure Development Bank Act of 2019 Introduced in House IH Introduced in House 2019-01-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr658ih/xml/BILLS-116hr658ih.xml 2019-02-07 Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.