To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes.
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
This bill, To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HFEA15ADB3C554E63A734C3E156742346: 1. Short title; table of contents This Act may be cited as the National Infrastructure Bank Act of 2023. The table of contents of this Act is as follows:
- Section H75DA50C0858F4EA0BEFC78E473ED0A9E: 2. Findings Congress finds the following: Throughout our Nation’s history, national banks have played a crucial role in financing most of our Nation’s public...
- Section H10CB3074FE6C4522AFD3C56EE18A9F93: 101. Treatment of National Infrastructure Bank as a Government corporation exempt from tax Section 501(l) of the Internal Revenue Code of 1986 is amended by...
- Section H73FF9F8F8F07458FAEC4A3DF6B6737F4: 102. Treatment of contributions to the National Infrastructure Bank as charitable contributions Section 170(c) of the Internal Revenue Code of 1986 is amended...
- Section HAB2515217C5245A7BD7002C366DB329C: 103. Preferred dividends of National Infrastructure Bank excludible from gross income Part III of subchapter B of chapter 1 of the Internal Revenue Code of...
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
This bill, To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Government Operations
Primary Purpose
This bill, To facilitate efficient investments and financing of infrastructure projects and new job creation through the establishment of a National Infrastructure Bank, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Legislative Progress
IntroducedMr. Davis of Illinois introduced the following bill; which was …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_labor"
- → Secretary of Labor
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
- "secretary_of_treasury"
- → Secretary of the Treasury
- "secretary_of_housing_and_urban_development"
- → Secretary of Housing and Urban Development
Key Definitions
Terms defined in this bill
any entity— which is undertaking the development of all or part of an infrastructure project, which will have a public benefit, pursuant to requirements established in one or more contracts between the entity and a State or an instrumentality of a State
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