NAT. INFRASTRUCTURE BANK ACT

This bill is a state resolution urging the U.S. Congress to pass federal legislation that would establish a national infrastructure bank. The proposed bank aims to fund urgently needed repairs and new construction projects across the country without requiring new federal taxes or spending. Modeled after historical financing mechanisms, the resolution highlights the need to address aging systems in areas like water, bridges, and transit while promoting job creation and minority hiring. Ultimately, the bill serves as a formal request from the Illinois General Assembly for federal action to tackle infrastructure deficits.