National Infrastructure Bank Act
Rationale and Major Provisions
The National Infrastructure Bank Act of 2007, introduced by Senators Christopher J. Dodd (CT-D) and Chuck Hagel (NE-R), is a bipartisan measure that addresses the critical needs of our Nation’s major infrastructure systems. The legislation establishes a new method through which the Federal Government can finance infrastructure projects of substantial regional or national significance more effectively with public and private capital. The Problem According to the American Society of Civil Engineers, the current condition of our Nation’s major infrastructure systems earns a grade point average of D and jeopardizes the prosperity and quality of life of all Americans.According to the…
