Monday, June 1, 2009

Another National Infrastructure Bank Bill Proposed

Rep. Rosa L. DeLauro (CT) has introduced the National Infrastructure Development Bank Act of 2009 (H.R. 2521). The bill would create a government owned corporation that could buy and sell bonds, make and guarantee loans and undertake similar activity for the purpose of financing a variety of infrastructure projects. The bank would be capitalized by $5 billion, with possibly more in callable capital, a year from the Department of Treasury from 2010 to 2014. The law would close the bank after 15 years.

Other articles and posts related to a national infrastructure bank:
Building the National Infrastructure Bank-Analysis: The Bank Not Built
Building the National Infrastructure Bank-Overview
Building the National Infrastructure Bank-Transcript: California I-Bank Interview
Building the National Infrastructure Bank-Video: Felix Rohatyn Interview
Infrastructure Bank Plan Gaining Attention And Momentum
Senators Propose National Infrastructure Bank
Stimulus Funds Making Their Way to Transportation Projects

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