From: The Honorable Rosa L. DeLauro
Sent By: elizabeth.albertine@mail.house.gov
Bill: H.R. 3337
Date: 9/8/2015

Support A National Infrastructure Bank

Co-sponsor H.R. 3337 to innovatively finance critical infrastructure projects

Current Original Co-sponsors: Aguilar, Bonamici, Boyle, Capps, Cardenas, Carson, Cartwright, Chu, Cicilline, Clark, Clarke, Clay, Conyers, Courtney, DelBene, DeSaulnier, Deutch, Duckworth, Edwards, Ellison, Eshoo, Esty, Farr, Fattah, Fudge, Garamendi, Green (Al), Green (Gene), Grijalva, Heck, Himes, Honda, Huffman, Israel, Johnson (Hank), Kaptur, Keating, Kuster, Langevin, Larsen, Larson, Lawrence, Lee, Lipinski, Lofgren, Lowenthal, Lowey, Lynch, Matsui, McCollum, McGovern, Nolan, Norton (Holmes), Pingree, Pocan, Price, Richmond, Ryan (Tim), Sarbanes, Schiff, Scott (Bobby), Serrano, Slaughter, Speier, Takano, Tonko, Van Hollen, Veasey, Walz, Welch, Yarmuth

Dear Colleague,

According to the American Society of Civil Engineers, the United States must invest $3.6 trillion by 2020 to bring U.S. infrastructure up to a state of good repair.  Moreover, in order to compete in a globalized economy, the United States must make long-term pro-growth investments in our transportation, energy, environmental and telecommunications infrastructure.

Current programs across all levels of government do not have the resources to meet this infrastructure investment deficit, create jobs that cannot be outsourced, and provide the foundation our businesses need to compete and succeed.   To meet this gap, we are proposing the establishment of a National Infrastructure Bank, to innovatively leverage private dollars and make objective merit-based investments in infrastructure projects of significance with clear economic, environmental and social benefits.

Specifically, our National Infrastructure Development Bank Act would establish a National Infrastructure Bank to help finance a range of transportation, environmental projects, energy, and telecommunications projects.

The National Infrastructure Bank concept is supported by the labor, business, finance and environmental communities, a bipartisan group of Governors and Mayors, and President Obama.

We believe that a National Infrastructure Bank should be a core component of a national growth strategy to create good jobs and rebuild the U.S. economy.  Accordingly, we hope you join us in co-sponsoring the National Infrastructure Development Bank Act.  For more information or to become a cosponsor, please contact Liz Albertine (DeLauro) by phone at 5-3661 or by email atelizabeth.albertine@mail.house.gov.

Sincerely,

Rosa DeLauro             Steve Israel                Keith Ellison
Member of Congress   Member of Congress   Member of Congress