FL H0245

Requests Congress to pass House Resolution 3339 to create a $5 trillion National Infrastructure Bank for financing infrastructure projects.

Cites national infrastructure deficit of $4.5 trillion needed for repairs, with Florida facing specific needs including $21.9 billion for drinking water, $18.4 billion for wastewater, and $1.1 billion for stormwater management.

Notes that the National Infrastructure Bank Act of 2021 would require no new federal spending or taxes and would be capitalized by repurposing existing Treasury debt.

States the bank would create 25 million new jobs, build 7 million affordable housing units nationally, fund high-speed rail connecting Florida, provide Davis-Bacon wages, and mandate large-scale minority hiring.

Directs copies of the memorial to be sent to the President, President of the Senate, Speaker of the House, and all Florida members of Congress.