SJR 14 Summary

• Urges the 117th United States Congress to reintroduce and pass H.R. 6422 to establish a national infrastructure bank with $4 trillion dedicated to infrastructure projects nationwide.

• Identifies Alaska's critical infrastructure needs including $1.5 billion for water and wastewater systems in 31 rural communities, Port of Anchorage modernization, Arctic deep water port development, and 2,395 housing units needed in Anchorage.

• Notes the national infrastructure funding gap of $2.59 trillion over 10 years (2020-2029) and potential 20-year losses of $10 trillion in GDP, 3 million jobs, and $2.4 trillion in exports if underinvestment continues.

• Highlights H.R. 6422 provisions including Davis-Bacon wage requirements, project labor agreements, domestic sourcing of iron/steel/cement, and subsidy programs for underrepresented and economically disadvantaged communities.

• Directs copies of the resolution to President Biden, Vice President Harris, Speaker Pelosi, and Alaska's congressional delegation.