Legis Daily

National Infrastructure Investment Corporation Act of 2021

USA117th CongressHR-4446| House 
| Updated: 7/17/2021
Salud O. Carbajal

Salud O. Carbajal

Democratic Representative

California

Cosponsors (1)
Adriano Espaillat (Democratic)

Transportation and Infrastructure Committee, Highways and Transit Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Infrastructure Investment Corporation Act of 20 21 This bill establishes the National Infrastructure Investment Corporation to finance infrastructure projects that are beyond the financing capabilities of states and cities, including to (1) prioritize projects in a fair and efficient manner, and (2) minimize financial costs to the federal government. The corporation must provide loans, loan guarantees, and bonds to eligible applicants for infrastructure projects in the United States. Every five years, the Government Accountability Office must evaluate the activities of the corporation from the previous five fiscal years and submit to Congress a report containing the results of the evaluation.
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Timeline

Bill from Previous Congress

HR 116-4780
National Infrastructure Investment Corporation Act of 2019
Jul 16, 2021
Introduced in House
Jul 16, 2021
Referred to the House Committee on Transportation and Infrastructure.
Jul 17, 2021
Referred to the Subcommittee on Highways and Transit.
  • Bill from Previous Congress

    HR 116-4780
    National Infrastructure Investment Corporation Act of 2019


  • July 16, 2021
    Introduced in House


  • July 16, 2021
    Referred to the House Committee on Transportation and Infrastructure.


  • July 17, 2021
    Referred to the Subcommittee on Highways and Transit.

Transportation and Public Works

National Infrastructure Investment Corporation Act of 2021

USA117th CongressHR-4446| House 
| Updated: 7/17/2021
National Infrastructure Investment Corporation Act of 20 21 This bill establishes the National Infrastructure Investment Corporation to finance infrastructure projects that are beyond the financing capabilities of states and cities, including to (1) prioritize projects in a fair and efficient manner, and (2) minimize financial costs to the federal government. The corporation must provide loans, loan guarantees, and bonds to eligible applicants for infrastructure projects in the United States. Every five years, the Government Accountability Office must evaluate the activities of the corporation from the previous five fiscal years and submit to Congress a report containing the results of the evaluation.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4780
National Infrastructure Investment Corporation Act of 2019
Jul 16, 2021
Introduced in House
Jul 16, 2021
Referred to the House Committee on Transportation and Infrastructure.
Jul 17, 2021
Referred to the Subcommittee on Highways and Transit.
  • Bill from Previous Congress

    HR 116-4780
    National Infrastructure Investment Corporation Act of 2019


  • July 16, 2021
    Introduced in House


  • July 16, 2021
    Referred to the House Committee on Transportation and Infrastructure.


  • July 17, 2021
    Referred to the Subcommittee on Highways and Transit.
Salud O. Carbajal

Salud O. Carbajal

Democratic Representative

California

Cosponsors (1)
Adriano Espaillat (Democratic)

Transportation and Infrastructure Committee, Highways and Transit Subcommittee

Transportation and Public Works

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted