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MD HJ2
Joint Resolution
Status
1/14/2026
Primary Sponsor
Chao Wu
Click for details
AI Summary
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Urges U.S. Congress to pass H.R. 5356, the "National Infrastructure Bank Act," which would create a $5 trillion bank to finance infrastructure projects nationwide
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Cites American Society of Civil Engineers' 2025 report card giving U.S. infrastructure a grade of C, with more than $9 trillion needed for repairs and nearly $4 trillion unfunded
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Highlights Maryland-specific infrastructure needs: 1,563 bridges needing repairs, 240 structurally deficient bridges, Baltimore City averaging 1,000 water breaks per year, and $75 million needed for lead water service line replacement
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Projects the National Infrastructure Bank would create 25 million jobs, require Davis-Bacon wages and Buy America provisions, and grow the economy by 5% annually without new federal spending or taxes
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Requires copies of the resolution be sent to the U.S. President, Maryland Congressional Delegation, Governor of Maryland, and Maryland legislative leaders
Legislative Description
United States of America - National Infrastructure Bank
Banks and Trust Companies
Last Action
Hearing 3/16 at 12:00 p.m.
3/11/2026