National Infrastructure Bank: Overview and Current Legislation, December 14, 2011. “Several bills to establish a national infrastructure bank have been introduced in the 112th Congress. This report examines three such bills, the Building and Upgrading Infrastructure for Long-Term Development Act (S. 652), the American Infrastructure Investment Fund Act of 2011 (S. 936), and the National Infrastructure Development Bank Act of 2011 (H.R. 402). These proposals share three main goals:
- increasing total investment in infrastructure by encouraging new investment from nonfederal sources;
- improving project selection by insulating decisions from political influence; and
- encouraging new investment with relatively little effect on the federal budget through a mostly self-sustaining entity.”
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