HR81 Alabama 2022 Session

Summary

Primary Sponsor

Thomas JacksonRepresentative

Democrat

Session

Regular Session 2022

Title

National Infrastructure Bank Act of 2020, endorsed

Summary

Alabama House endorses the National Infrastructure Bank Act of 2020 and urges Congress to enact it.

What This Bill Does

This resolution expresses support for the National Infrastructure Bank Act of 2020 and urges the U.S. Congress to enact it quickly. It describes a national infrastructure bank that would lend up to $4 trillion for infrastructure projects by repurposing existing Treasury debt, with no new federal debt. It says the act would create about 25 million jobs, require Davis-Bacon wages, Project Labor Agreements, and Buy American provisions, and could fund Alabama projects such as bridges, roads, high-speed rail, airports, schools, and emergency communications while promising no new taxes and higher tax revenues.

Who It Affects

• Alabama residents and workers who could benefit from new infrastructure projects and related job opportunities
• Alabama state and local governments and the Alabama Congressional Delegation, which would be addressed in the resolution and influenced by federal action

Key Provisions

• Endorses the National Infrastructure Bank Act of 2020.
• Urges the U.S. Congress to enact the National Infrastructure Bank Act of 2020 as promptly as practicable.
• Directs that a copy of the resolution be sent to every member of Alabama’s Congressional Delegation.
• Describes the National Infrastructure Bank as able to lend up to $4 trillion for projects, capitalized by repurposing existing Treasury debt with no new federal debt.
• Includes requirements for Project Labor Agreements and Buy American provisions on funded projects.
• Identifies potential Alabama use of funding for local needs (broadband, water, roads/bridges, high-speed rail, airports, schools, emergency communications) and notes expected economic benefits (growth, job creation, increased tax revenues) with no new taxes.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Resolutions, Legislative