NAT. INFRASTRUCTURE BANK ACT

This bill is a state-level resolution from the Illinois House of Representatives that urges the U.S. Congress to pass a separate federal bill, H.R. 4052, to establish a new National Infrastructure Bank. The resolution cites the poor condition of infrastructure in Illinois and the nation as justification for creating a $5 trillion financing tool to fund repairs and new projects without requiring new federal taxes or spending. It highlights that the proposed bank would model itself on historical institutions to create jobs, enforce domestic labor standards, and support minority-owned businesses. Because this document is a non-binding recommendation rather than a law itself, it does not directly change policy but serves to advocate for the creation of a federal entity to address infrastructure funding gaps.