Plain English Breakdown
The exact details and scope of future infrastructure projects are not specified.
Federal Infrastructure Bank
This resolution strongly encourages Congress to pass H.R. 1235, which would establish a Federal Infrastructure Bank to facilitate financing for infrastructure projects.
What This Bill Does
- Strongly encourage the U.S. Congress to pass H.R. 1235.
- H.R. 1235 aims to establish a Federal Infrastructure Bank.
- The bank will help finance urgently needed infrastructure projects in the United States.
Who It Names or Affects
- Congress of the United States
- People and organizations involved in infrastructure projects
Terms To Know
- Federal Infrastructure Bank
- A proposed bank that would help fund important infrastructure projects across the country.
- H.R. 1235
- The bill in Congress that, if passed, will establish a Federal Infrastructure Bank.
Limits and Unknowns
- This resolution does not create or fund any bank itself; it only encourages action by Congress.
- It is unclear how many infrastructure projects would be funded and what types of projects they might include.