To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economically viable United States infrastructure projects that provide a public benefit, and for other purposes.

2/22/2025, 9:06 AM

Summary of Bill HR 1235

Bill 119 hr 1235, also known as the Federal Infrastructure Bank Act, aims to create a Federal Infrastructure Bank that will help fund and finance economically viable infrastructure projects in the United States. The bank will focus on projects that provide a public benefit, such as improving transportation systems, water and sewer systems, and energy infrastructure.

The goal of the bank is to attract private investment and provide long-term financing for infrastructure projects that may otherwise struggle to secure funding. By leveraging private capital, the bank aims to accelerate the development of critical infrastructure projects that will benefit communities across the country.

The bill outlines the structure and governance of the Federal Infrastructure Bank, including the appointment of a board of directors and the establishment of investment criteria. It also sets out the process for applying for funding and the terms and conditions for receiving financing from the bank. Overall, the Federal Infrastructure Bank Act seeks to address the growing need for investment in infrastructure in the United States and provide a sustainable financing mechanism for projects that will benefit the public.

Current Status of Bill HR 1235

Bill HR 1235 is currently in the status of Bill Introduced since February 12, 2025. Bill HR 1235 was introduced during Congress 119 and was introduced to the House on February 12, 2025.  Bill HR 1235's most recent activity was Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of February 12, 2025

Bipartisan Support of Bill HR 1235

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1235

Primary Policy Focus


Alternate Title(s) of Bill HR 1235

To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economically viable United States infrastructure projects that provide a public benefit, and for other purposes.To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economically viable United States infrastructure projects that provide a public benefit, and for other purposes.
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