H.R. 4315 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Transportation and Infrastructure, Jul 10, 2025
What this bill does
In plain words · AI-written from the official summaryCreates corporation to fund major infrastructure projects
This bill establishes a new government corporation designed to finance large infrastructure projects that states and cities can't afford on their own, like transportation systems, energy facilities, environmental projects, and telecommunications networks. The corporation would offer loans, loan guarantees, and bonds to help pay for these projects across the country. Congress gets a say too: the corporation must tell Congress about each application 60 days before approving it, and Congress can block a project by passing a joint resolution if it disagrees.
How it affects you
The effects would likely depend on where you live and whether your community applies for funding. If your state or city pursues a major infrastructure project through this corporation, it could lead to improvements in local transportation, energy systems, environmental cleanup, or internet access. The bill aims to help communities that couldn't otherwise afford large-scale infrastructure improvements, though how directly this affects you would vary based on which projects get approved in your area.
Read the official summary (Introduced in House, Jul 10, 2025)
National Infrastructure Investment Corporation Act of 2025
This bill establishes the National Infrastructure Investment Corporation as a government corporation to finance infrastructure projects that are beyond the financing capabilities of states and cities, including to (1) prioritize projects in a fair and efficient manner, and (2) minimize financial costs to the federal government.
The corporation must provide loans, loan guarantees, and bonds to eligible applicants for infrastructure projects (including transportation, energy, environment, and telecommunications projects) in the United States.
The corporation must submit a report to Congress describing each application 60 days before any loan or loan guarantee is awarded under this bill. The corporation may award the loan or loan agreement after such period unless Congress enacts a joint resolution disapproving the application with an explanation for such disapproval. An application that addresses the basis for the disapproval may be resubmitted to the corporation.
Every five years, the Government Accountability Office must evaluate the activities of the corporation from the previous five fiscal years and submit a report to Congress.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 4315
A BILL
National Infrastructure Investment Corporation Act of 2025
Sponsor: Rep. Salud O. Carbajal (D-CA-24) · Introduced Jul 10, 2025 · Transportation and Public Works · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 11, 2025: “Referred to the Subcommittee on Highways and Transit.”