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HR 4446 117th Congress House Transportation and Public Works

National Infrastructure Investment Corporation Act of 2021

Introduced: July 16, 2021 Introduced by: Carbajal, Salud O. Democratic · California See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 17, 2021
Referred to the Subcommittee on Highways and Transit.
Jul 16, 2021
Referred to the House Committee on Transportation and Infrastructure.
Jul 16, 2021
Introduced in House
 Plain-English summary Congressional Research Service

National Infrastructure Investment Corporation Act of 2021

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.
What's happening now July 17, 2021

Referred to the Subcommittee on Highways and Transit.

 Committees of jurisdiction 2