HR1235-119

Introduced

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.

119th Congress Introduced Feb 12, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill defines key terms for the Federal Infrastructure Bank Act including eligible entities, infrastructure projects, and what qualifies as rural areas. Establishes the broad scope of infrastructure categories covered, establishes process for Treasury Secretary to select a Formation Agent to create the Federal Infrastructure Bank Holding Company. The Holding Company will be privately owned with a 7-member board, and shareholders, and creates the Federal Infrastructure Bank as a Delaware corporation wholly owned by the Holding Company, with a national bank charter from the Comptroller of the Currency. It relies on appropriations, loan guarantees, tax credits, and definition changes. The main policy areas are Finance, Housing, Foreign Policy, and Energy.

Who Benefits and How

Federal Infrastructure Bank could gain revenue opportunities, Investors in Federal Infrastructure Bank Holding Company could see lower costs, and Federal Infrastructure Bank Holding Company could see lower costs.

Who Bears the Burden and How

Treasury Department could face higher costs, Chinese government-affiliated entities could face higher barriers, and US Treasury (tax revenue) could lose revenue opportunities.

Key Provisions

  • Defines key terms for the Federal Infrastructure Bank Act including eligible entities, infrastructure projects, and what qualifies as rural areas. Establishes the broad scope of infrastructure categories covered.
  • Establishes process for Treasury Secretary to select a Formation Agent to create the Federal Infrastructure Bank Holding Company. The Holding Company will be privately owned with a 7-member board, and shareholders...
  • Creates the Federal Infrastructure Bank as a Delaware corporation wholly owned by the Holding Company, with a national bank charter from the Comptroller of the Currency.
  • Authorizes the Bank to provide equity investments, direct loans, indirect loans, and loan guarantees for revenue-producing infrastructure projects.
  • Authorizes Holding Company to issue equity securities and bonds up to 30 years.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill defines key terms for the Federal Infrastructure Bank Act including eligible entities, infrastructure projects, and what qualifies as rural areas. Establishes the broad scope of infrastructure categories covered, establishes process for Treasury Secretary to select a Formation Agent to create the Federal Infrastructure Bank Holding Company. The Holding Company will be privately owned with a 7-member board, and shareholders, and creates the Federal Infrastructure Bank as a Delaware corporation wholly owned by the Holding Company, with a national bank charter from the Comptroller of the Currency.

Key Policy Areas

Finance, Housing, Foreign Policy, Energy

Primary Purpose

The bill defines key terms for the Federal Infrastructure Bank Act including eligible entities, infrastructure projects, and what qualifies as rural areas. Establishes the broad scope of infrastructure categories covered, establishes process for Treasury Secretary to select a Formation Agent to create the Federal Infrastructure Bank Holding Company. The Holding Company will be privately owned with a 7-member board, and shareholders, and creates the Federal Infrastructure Bank as a Delaware corporation wholly owned by the Holding Company, with a national bank charter from the Comptroller of the Currency.

Policy Domains

Finance Housing Foreign Policy Energy

Federal Infrastructure Bank Act of 2025

Identified Gains
  • Federal Infrastructure Bank
  • Investors in Federal Infrastructure Bank Holding Company
  • Federal Infrastructure Bank Holding Company
  • US institutional investors
  • Private equity funds
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Private equity funds:
US institutional investors:
Federal Infrastructure Bank: ,
Federal Infrastructure Bank Holding Company:
Investors in Federal Infrastructure Bank Holding Company:
Identified Costs
  • Treasury Department
  • Chinese government-affiliated entities
  • US Treasury (tax revenue)
  • US Treasury (federal tax revenue)
  • US taxpayers (general)
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Treasury Department: ,
US taxpayers (general):
US Treasury (tax revenue):
US Treasury (federal tax revenue):
Chinese government-affiliated entities:

Legislative Progress

Introduced
Introduced Committee Passed
Feb 12, 2025

Mr. Webster of Florida (for himself and Mr. Carbajal) introduced …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Financial Services
9 mentions across 8 clauses
+8 positive -1 negative

Federal Infrastructure Bank, Federal Infrastructure Bank Holding Company, Infrastructure finance firms with experience

Federal Infrastructure Bank faces effects in multiple directions

Government
5 mentions across 5 clauses
-5 negative

Federal Reserve Board, Treasury Department, US Treasury (federal tax revenue)

Construction
4 mentions across 3 clauses
+4 positive

Highway and bridge construction firms, Infrastructure developers and construction companies, Infrastructure developers in rural areas

State & Local Government
3 mentions across 3 clauses
+2 positive -1 negative

Rural communities, State and local governments, State and local governments (tax revenue)

Positive-direction: Rural communities, State and local governments

Negative-direction: State and local governments (tax revenue)

Foreign Investment
2 mentions across 1 clause
-2 negative

Chinese government-affiliated entities, Foreign investors (non-US)

Water Supply And Sanitation
1 mention across 1 clause
+1 positive

Water treatment facility operators

Electric Power Transmission
1 mention across 1 clause
+1 positive

Energy transmission companies

Individual Investors
1 mention across 1 clause
+1 positive

High-net-worth individual investors

10/12
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Housing Foreign Policy Energy
Actor Mappings
"the_bank"
→ Federal Infrastructure Bank
"the_board"
→ Board of Governors of the Federal Reserve System
"the_secretary"
→ Secretary of the Treasury
"the_formation_agent"
→ Formation Agent selected by Treasury
"the_holding_company"
→ Federal Infrastructure Bank Holding Company

Key Definitions

Terms defined in this bill

5 terms
"Bank" §2

The Federal Infrastructure Bank established under section 4

"eligible entity" §2a

A corporation, LLC, partnership, public-private partnership, joint venture, trust, State, governmental entity, revolving fund, or State infrastructure bank

"Holding Company" §2b

The Federal Infrastructure Bank Holding Company established under section 3

"infrastructure project" §2c

Construction, consolidation, alteration, operations, maintenance, or repair of projects providing public benefit in categories including highways, ports, airports, pipelines, energy transmission, rail, transit, waterways, water treatment, dams, and other public benefit infrastructure

"rural" §2d

Any area not in a metropolitan statistical area with a population of 50,000 or more

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology