HR 3259 · 112th Congress 2011–2013, ended

National Infrastructure Bank Act of 2011

Latest action · Jan 12, 2012 Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedOct 25, 2011
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

National Infrastructure Bank Act of 2011 - Establishes an independent National Infrastructure Bank to: (1) designate qualified transit, public housing, water, highway, bridge, aviation, freight, passenger rail, or road infrastructure projects for loans, loan guarantees, and other financial assistance; and (2) issue general purpose and project-based infrastructure bonds exempt from state and local taxation.

Cosponsors 9

Members who signed on, in the order they did. Signatures ran from Oct 31, 2011 to Jan 18, 2012.

SeatCosponsorSigned on
D-INAndré CarsonOct 31, 2011
D-CABarbara LeeOct 31, 2011
D-MSBennie G. ThompsonOct 31, 2011
D-DCEleanor Holmes NortonOct 31, 2011
D-TXSheila Jackson LeeOct 31, 2011
D-NCDavid E. PriceJan 18, 2012
D-NYEdolphus TownsJan 18, 2012
D-ILJesse L. Jackson, Jr.Jan 18, 2012
D-OHTim RyanJan 18, 2012

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseTransportation and Infrastructure Committee
Referred Oct 25, 2011
Aviation Subcommittee
Referred Oct 26, 2011
Highways and Transit Subcommittee
Referred Oct 26, 2011
Railroads, Pipelines, and Hazardous Materials Subcommittee
Referred Oct 26, 2011
Water Resources and Environment Subcommittee
Referred Oct 26, 2011
HouseFinancial Services Committee
Referred Oct 25, 2011
Housing and Insurance Subcommittee
Referred Jan 12, 2012

Actions 7

Everything that happened, newest first.

  1. Jan 12, 2012Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
  2. Oct 26, 2011Referred to the Subcommittee on Aviation.
  3. Oct 26, 2011Referred to the Subcommittee on Highways and Transit.
  4. Oct 26, 2011Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
  5. Oct 26, 2011Referred to the Subcommittee on Water Resources and Environment.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Sec. 8, clause 3, the Commerce Clause, of the United States Constitution.

The sponsor’s statement, as printed in the page H7068.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 1550National Infrastructure Bank Act of 2011Identical billSep 13, 2011

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To establish the National Infrastructure Bank to provide financial assistance for qualified infrastructure projects selected by the Bank, and for other purposes.
Short Titles as Introduced
National Infrastructure Bank Act of 2011

Subjects

Assigned by the Library of Congress. Policy area: Economics and Public Finance.

Text 1

Each version as it was printed, newest first.

  1. Oct 25, 2011Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.