IL HR0520

United States received a C- grade from the American Society of Civil Engineers for infrastructure, with over $6 trillion needed for repairs and $2 trillion currently unfunded

Illinois infrastructure received a C- cumulative grade with critical deficiencies including drinking water (D+), roads (D+), storm water (D+), and transit (D+); over 675,000 water service lines identified as lead

2,405 bridges in Illinois are in poor condition (9% of all bridges), with approximately 70% owned by counties, towns, or cities; Illinois needs 300,000 new affordable housing units

H.R. 4052 (The National Infrastructure Bank Act) introduced June 13, 2023 would create a $5 trillion bank to finance infrastructure repairs and new projects, modeled on historical infrastructure banks from the Washington through Roosevelt administrations

House urges U.S. Congress to pass H.R. 4052; the proposed bank would create 25 million new jobs, enforce Davis-Bacon wages, include Buy America provisions, and require no new federal spending or taxes; supported by 26 state legislatures and multiple national organizations