S.2116: National Infrastructure Development Act of 1996

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about congress
  • Introduced Sept. 24, 1996
  • Latest Major Action Sept. 24, 1996

Bill Summary

National Infrastructure Development Act of 1996 - Establishes as a wholly owned Government corporation: (1) the National Infrastructure Development Corporation (NIDC), which shall make new sources of financing (including public benefit bonds) available for the development of infrastructure facilities; and (2) the National Infrastructure Insurance Corporation (NIIC), which shall be a subsidiary of NIDC issuing insurance, reinsurance and related...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sept. 24, 1996

Introduced in the Senate by Daniel Patrick Moynihan (D-N.Y.)

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