S. 1550 · 112th Congress

National Infrastructure Bank Act of 2011

Stage
In committee
Introduced
2011-09-13
Latest action
2011-09-13 · Introduced in Senate

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.