# 119-hr-5356: National Infrastructure Bank Act of 2025

119-hr-5356, National Infrastructure Bank Act of 2025, is a 119th Congress bill sponsored by Rep. Davis, Danny K. [D-IL-7] (D-IL); status introduced; PRIA reads it as touching household money (as of 2026-09-26).

- Canonical: https://policyrisk.com/legislation/119-hr-5356
- As of: 2026-09-26
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5356
- Congress: 119
- Title: National Infrastructure Bank Act of 2025
- Status: introduced
- Introduced: 2025-09-15
- Sponsor: Rep. Davis, Danny K. [D-IL-7] (D-IL)
- Cosponsors: 65
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-26

## Summary

**Creates a National Infrastructure Bank** to mobilize public and private capital for long‑term projects across transportation, energy, water, broadband, and affordable housing. The bank would use loans, preferred stock, and bonds with a Treasury backstop to finance multiregion projects and subsidize work in disadvantaged communities.

## Cosponsors (65)

- Rep. Crockett, Jasmine [D-TX-30] (D-TX), 2026-09-24T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2026-09-24T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Frost, Maxwell [D-FL-10] (D-FL), 2025-09-15T00:00:00.000Z
- Rep. Landsman, Greg [D-OH-1] (D-OH), 2025-09-15T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2025-09-15T00:00:00.000Z
- Rep. Ramirez, Delia C. [D-IL-3] (D-IL), 2025-09-15T00:00:00.000Z
- Rep. Amo, Gabe [D-RI-1] (D-RI), 2025-09-15T00:00:00.000Z
- Rep. Smith, Adam [D-WA-9] (D-WA), 2025-09-15T00:00:00.000Z
- Rep. Espaillat, Adriano [D-NY-13] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2025-09-15T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2025-09-15T00:00:00.000Z
- Rep. Magaziner, Seth [D-RI-2] (D-RI), 2025-09-15T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2025-09-15T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2025-09-15T00:00:00.000Z
- Rep. Garamendi, John [D-CA-8] (D-CA), 2025-09-15T00:00:00.000Z
- Rep. Mullin, Kevin [D-CA-15] (D-CA), 2025-09-15T00:00:00.000Z
- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2025-09-15T00:00:00.000Z
- Rep. Khanna, Ro [D-CA-17] (D-CA), 2025-09-15T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2025-09-15T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2025-09-15T00:00:00.000Z
- Rep. Jackson, Jonathan L. [D-IL-1] (D-IL), 2025-09-15T00:00:00.000Z
- Rep. Johnson, Henry C. "Hank" [D-GA-4] (D-GA), 2025-09-15T00:00:00.000Z
- Rep. Torres, Ritchie [D-NY-15] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Nadler, Jerrold [D-NY-12] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Latimer, George [D-NY-16] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. Ryan, Patrick [D-NY-18] (D-NY), 2025-09-15T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2025-09-15T00:00:00.000Z
- Rep. Evans, Dwight [D-PA-3] (D-PA), 2025-09-15T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2025-09-15T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2025-09-15T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2025-10-08T00:00:00.000Z
- Rep. Lee, Summer L. [D-PA-12] (D-PA), 2025-10-08T00:00:00.000Z
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY), 2025-10-08T00:00:00.000Z
- Rep. Jayapal, Pramila [D-WA-7] (D-WA), 2025-10-08T00:00:00.000Z
- Rep. Lofgren, Zoe [D-CA-18] (D-CA), 2025-10-08T00:00:00.000Z
- Rep. Ross, Deborah K. [D-NC-2] (D-NC), 2025-10-08T00:00:00.000Z
- Rep. Dingell, Debbie [D-MI-6] (D-MI), 2025-11-19T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2025-11-19T00:00:00.000Z
- Rep. Foushee, Valerie P. [D-NC-4] (D-NC), 2025-11-19T00:00:00.000Z
- Rep. Leger Fernandez, Teresa [D-NM-3] (D-NM), 2025-11-19T00:00:00.000Z
- Rep. Cherfilus-McCormick, Sheila [D-FL-20] (D-FL), 2025-11-19T00:00:00.000Z
- Rep. Stansbury, Melanie A. [D-NM-1] (D-NM), 2025-11-19T00:00:00.000Z
- Rep. Jacobs, Sara [D-CA-51] (D-CA), 2025-11-20T00:00:00.000Z
- Rep. Vasquez, Gabe [D-NM-2] (D-NM), 2025-11-20T00:00:00.000Z
- Rep. Friedman, Laura [D-CA-30] (D-CA), 2025-11-20T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2025-11-20T00:00:00.000Z
- Rep. Mannion, John W. [D-NY-22] (D-NY), 2025-12-04T00:00:00.000Z
- Rep. Ocasio-Cortez, Alexandria [D-NY-14] (D-NY), 2026-01-12T00:00:00.000Z
- Rep. Adams, Alma S. [D-NC-12] (D-NC), 2026-01-12T00:00:00.000Z
- Rep. Bell, Wesley [D-MO-1] (D-MO), 2026-01-20T00:00:00.000Z
- Rep. McClellan, Jennifer L. [D-VA-4] (D-VA), 2026-01-20T00:00:00.000Z
- Rep. Swalwell, Eric [D-CA-14] (D-CA), 2026-03-03T00:00:00.000Z
- Rep. Thompson, Bennie G. [D-MS-2] (D-MS), 2026-03-03T00:00:00.000Z
- Rep. Simon, Lateefah [D-CA-12] (D-CA), 2026-03-03T00:00:00.000Z
- Rep. Brown, Shontel M. [D-OH-11] (D-OH), 2026-03-03T00:00:00.000Z
- Rep. Randall, Emily [D-WA-6] (D-WA), 2026-05-12T00:00:00.000Z
- Rep. Wilson, Frederica S. [D-FL-24] (D-FL), 2026-05-12T00:00:00.000Z
- Rep. Elfreth, Sarah [D-MD-3] (D-MD), 2026-05-26T00:00:00.000Z
- Rep. Salinas, Andrea [D-OR-6] (D-OR), 2026-05-26T00:00:00.000Z
- Rep. Grijalva, Adelita S. [D-AZ-7] (D-AZ), 2026-06-24T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2026-06-25T00:00:00.000Z

## Provisions PRIA read

- Charitable tax break for Bank donations: benefit, high. If enacted, donations to the Bank would count as charitable gifts. Taxpayers who itemize could deduct them under normal limits. This would apply to tax years ending after enactment.
- Bank capital up to $500 billion: benefit, high. If enacted, the Bank could raise up to $500 billion in capital stock. People could exchange long‑term Treasuries or municipal bonds, or use cash, to buy shares. The Treasury could subscribe up to $100 billion in 30‑year bonds if needed. Capital would phase in: up to $150 billion by year 1, $300 bil…
- 10% for disadvantaged small businesses: benefit, medium. If enacted, at least 10% of the Bank’s yearly assistance would go through disadvantaged or HUBZone small firms. The minimum would be 10% of the Bank’s total assistance each year.
- Strong oversight and public reporting: benefit, medium. If enacted, a Special Inspector General would be appointed to audit and investigate the Bank and report each year. Agencies would need to assist the Inspector General. The Bank would post funded projects and amounts online and allow at least 30 days for public comment before final financing. The Ba…
- How projects apply and get picked: benefit, medium. If enacted, states, local governments, tribes, public utilities, private entities, and public‑private partnerships could apply online. The Bank would rate projects on jobs, growth, training programs, environmental and health benefits, domestic materials, and fit with regional plans. At least seven…
- Startup funding to launch the Bank: benefit, medium. If enacted, the bill would authorize $50 million for 2025 and $50 million for 2026. The funds would organize the Bank, set up the Board, and hire staff.
- U.S.-backed bonds for the Bank: benefit, medium. If enacted, the Bank could issue 5- to 10‑year registered bonds backed by the full faith and credit of the United States. It could keep a discount line with the Federal Reserve and borrow in markets. This would give the Bank steady funding options for projects.
- Bank would be tax‑exempt: benefit, medium. If enacted, the Bank would be added to the list of tax‑exempt Government corporations. It would not pay federal income tax for tax years ending after enactment.
- Tax‑free dividends on Bank shares: benefit, medium. If enacted, the Bank would issue preferred stock that pays semiannual dividends. Those dividends would be excluded from gross income for tax years ending after enactment. Shares would be non‑voting and callable for 20 years at current market value, with a redemption guarantee. Dividend rates would…
- $5 trillion for infrastructure loans: mixed, high. If enacted, the Bank could lend up to $5 trillion for projects. Interest would be at least the similar Treasury rate or 1.6% a year. Disadvantaged communities could get interest subsidies if funds are available. The Bank would charge fees and could extend or renew loans only after audits and Board…
- Worker pay, hiring, and Buy America: mixed, medium. If enacted, workers on Bank‑funded projects would be paid local prevailing wages. Covered States would require project labor agreements; other States must allow voluntary bargaining. Projects would use local and priority hiring and work with apprenticeship or workforce boards. Civil‑rights rules wo…
- Bank deposits, not consumer loans: mixed, medium. If enacted, the Bank could take deposits, pay interest, and handle clearing and payments. It would open offices and work with local banks, and avoid competing where locals offer the service. Its reserves could not exceed 14% of transaction accounts over $25 million. It would be barred from consumer…
- Special budget and debt rules: mixed, medium. If enacted, loans under this Act would not follow a key federal credit‑reform rule. For PAYGO, budget effects would follow the House Budget Committee’s printed statement before the vote. Bank debt would not be treated as a priority federal claim under a specific law.
- State permits and compliance still required: mixed, low. If enacted, Bank funding would not replace State or local permits. States could still regulate investor returns and keep their own project rules. The Bank would require borrowers, contractors, and subcontractors to follow all applicable laws and confirm compliance in writing.

## Related bills

- 119-hr-7973: Momnibus Act
- 119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-hr-5390: FAMILY Act
- 119-hr-15: Equality Act
- 119-hr-1589: American Dream and Promise Act of 2025
- 119-hr-2763: American Family Act

## Sources
- [119-hr-5356 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5356)

## Related
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-hr-20)
- [119-hr-5390: FAMILY Act](https://policyrisk.com/legislation/119-hr-5390)
- [119-hr-15: Equality Act](https://policyrisk.com/legislation/119-hr-15)
- [119-hr-1589: American Dream and Promise Act of 2025](https://policyrisk.com/legislation/119-hr-1589)
- [119-hr-2763: American Family Act](https://policyrisk.com/legislation/119-hr-2763)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5356 (as of 2026-09-26).