National Infrastructure Investment Corporation Act of 2021

Bill 117 hr 4446, also known as the National Infrastructure Investment Corporation Act of 2021, aims to establish a new federal agency called the National Infrastructure Investment Corporation (NIIC). The purpose of this agency is to provide financial assistance and support for infrastructure projects across the United States.

The bill outlines the structure and functions of the NIIC, including its board of directors, funding mechanisms, and eligibility criteria for receiving assistance. The NIIC will focus on funding projects that improve the country's transportation, energy, water, and broadband infrastructure.

Additionally, the bill emphasizes the importance of promoting job creation, economic growth, and environmental sustainability through infrastructure investments. It also includes provisions for oversight and accountability to ensure that taxpayer dollars are being used effectively and efficiently. Overall, the National Infrastructure Investment Corporation Act of 2021 seeks to address the nation's infrastructure needs by establishing a dedicated agency to support and finance critical projects that will benefit communities across the country.