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NC H769
Resolution
Status
4/3/2025
Primary Sponsor
Shelly Willingham
Click for details
AI Summary
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Urges Congress to pass H.R. 4052 to create a National Infrastructure Bank (NIB) authorized to invest $5 trillion in infrastructure projects, capitalized through existing Treasury debt without new federal spending or taxes
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Cites North Carolina infrastructure needs: 33% of roads in poor/fair condition, 1,150 bridges in poor condition requiring $4 billion in repairs, $17 billion needed for drinking water systems, and $5.8 billion for wastewater systems
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Notes 370,000 lead water service lines in North Carolina require replacement at $4 billion cost, plus a shortage of 200,000 affordable housing units
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Projects the NIB would create 25 million high-wage jobs nationwide, mandate Buy America provisions, require large-scale minority hiring, and grow the economy by 5% annually
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Directs copies of the resolution to be sent to North Carolina's congressional delegation, the Governor, and the President of the United States
Legislative Description
National Infrastructure Bank
Budgeting
Last Action
Ref To Com On Rules, Calendar, and Operations of the House
4/7/2025