National Infrastructure Development Bank Act of 2021
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National Infrastructure Development Bank Act of 2021
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 bill establishes the National Infrastructure Development Bank Board, which must oversee the infrastructure projects. The board may make loans and loan guarantees to assist in financing infrastructure projects.
Further, the board must establish an executive committee, a risk management committee, an audit committee, and a compliance office.
To be eligible for financial assistance from the bank, an infrastructure project (1) must have a public benefit, as determined by the board; and (2) may not have a sole use or purpose that is private.
An infrastructure project must use iron, steel, and manufactured products that are made in the United States.
The bill also establishes accounting and reporting requirements. In particular, the Government Accountability Office must, within five years of this bill's enactment, submit a report to Congress evaluating the bank's activities.
Referred to the Subcommittee on Water Resources and Environment.
- Introduced in House Formatted Text PDF Formatted XML
- Aviation Subcommittee
- Economic Development, Public Buildings, and Emergency Management Subcommittee
- Energy and Commerce Committee
- Financial Services Committee
- Highways and Transit Subcommittee
- Railroads, Pipelines, and Hazardous Materials Subcommittee
- Transportation and Infrastructure Committee
- Water Resources and Environment Subcommittee
Cite this page
U.S. Congress. (2026). H.R. 4413: National Infrastructure Development Bank Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4413/
"H.R. 4413: National Infrastructure Development Bank Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4413/.
H.R. 4413, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4413/.
[H.R. 4413: National Infrastructure Development Bank Act of 2021](https://openamerica.io/bill/117-HR-4413/)