Docket
118th Congress · HOUSE BILLBILL

H.R. 490 — Federal Infrastructure Bank Act of 2023

“To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economically viable United States infrastructure projects that provide a public benefit, and for other purposes.”

Transportation and public works
Introduced Jan 24, 2023
Last action Feb 1, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jan 24, 2023
Step 2
Referred
Feb 1, 2023
Financial Services · T&I · Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill establishes the Federal Infrastructure Bank and the Federal Infrastructure Bank Holding Company (FIBHC). The bank shall be a wholly owned subsidiary of the FIBHC. The bank must provide equity investments, direct loans, and loan guarantees for the planning, predevelopment, design, construction, operation or maintenance of infrastructure projects in the United States with sufficient revenue sources and guarantees to support the interest and principal payments to the bank. At least 10% of the loans, equity investments, and loan guarantees must be for infrastructure projects in rural areas. The Board of Governors of the Federal Reserve System shall have oversight and supervisory auth...

Provisions · 11 sectionsIntroduced in House
Timeline · 9 actions
Feb 1, 2023
Referred to the Subcommittee on Aviation.
Feb 1, 2023
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Feb 1, 2023
Referred to the Subcommittee on Highways and Transit.
Feb 1, 2023
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Feb 1, 2023
Referred to the Subcommittee on Water Resources and Environment.
Jan 24, 2023
Introduced in House
Jan 24, 2023
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 24, 2023
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 24, 2023
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.