S.1550: National Infrastructure Bank Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about economics and public finance
  • Introduced Sept. 13, 2011
  • Latest Major Action Sept. 13, 2011

Bill Cosponsor

Bill Summary

National Infrastructure Bank Act of 2011 - Establishes an independent National Infrastructure Bank to: (1) designate qualified transit, public housing, water, highway, bridge, aviation, freight, passenger rail, or road infrastructure projects for loans, loan guarantees, and other financial assistance; and (2) issue general purpose and project-based infrastructure bonds exempt from state and local taxation.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sept. 13, 2011

Introduced in the Senate by Sherrod Brown (D-Ohio)

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