# 119-hr-4315: National Infrastructure Investment Corporation Act of 2025

119-hr-4315, National Infrastructure Investment Corporation Act of 2025, is a 119th Congress bill sponsored by Rep. Carbajal, Salud O. [D-CA-24] (D-CA); status in_committee; PRIA reads it as touching household money (as of 2026-09-05).

- Canonical: https://policyrisk.com/legislation/119-hr-4315
- As of: 2026-09-05
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4315
- Congress: 119
- Title: National Infrastructure Investment Corporation Act of 2025
- Status: in_committee
- Introduced: 2025-07-10
- Sponsor: Rep. Carbajal, Salud O. [D-CA-24] (D-CA)
- Cosponsors: 1
- Policy area: Transportation and Public Works
- Touches household money: yes
- Last recorded action: 2026-09-05

## Summary

**Creates a federal National Infrastructure Investment Corporation** to provide low-cost loans, loan guarantees, and bonds for infrastructure projects that states and cities cannot fully finance. It lets the Corporation attract pension-fund capital, operate under TIFIA-like terms, and includes required Congressional notice and layered audits.

## Cosponsors (1)

- Rep. Webster, Daniel [R-FL-11] (R-FL), 2025-07-10T00:00:00.000Z

## Provisions PRIA read

- New national lender for big projects: benefit, medium. This bill would create a federal corporation to help finance large infrastructure that states and cities cannot afford alone. It would offer low-cost loans, loan guarantees, and bonds for transportation, energy, environmental, and telecom projects. The Board would set goals, approve budgets and pla…
- Stronger audits and reports to Congress: benefit, medium. The Board would send an initial report to Congress within one year and then every year. The Corporation would appoint an Inspector General to audit accounts and investigations within one year and yearly after. The IG would enforce this Act and follow the Inspector General Act. The Government Accoun…
- Loan rules and Congress review: mixed, medium. Project sponsors could apply for loans, guarantees, or bonds. They would file a detailed letter on location, cost, financing plan, environmental review, and the area served, and meet set prerequisites in federal law. Before approval, applicants would consult affected Members of Congress. The Corpor…
- Who runs the new corporation: mixed, low. A seven‑member Board would run the Corporation. Three members would be President‑appointed and Senate‑confirmed, and four would be appointed by congressional leaders. Members must be U.S. citizens with infrastructure or finance experience and represent different regions, including rural areas and s…

## Related bills

- 119-hr-4275: Coast Guard Authorization Act of 2025
- 119-hr-8870: BUILD America 250 Act
- 119-hr-4669: FEMA Act of 2025
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025

## Sources
- [119-hr-4315 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4315)

## Related
- [119-hr-4275: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-hr-4275)
- [119-hr-8870: BUILD America 250 Act](https://policyrisk.com/legislation/119-hr-8870)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4315 (as of 2026-09-05).