I 
112TH CONGRESS 
1ST SESSION H. R. 3259 
To establish the National Infrastructure Bank to provide financial assistance 
for qualified infrastructure projects selected by the Bank, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 25, 2011 
Ms. FUDGE introduced the following bill; which was referred to the Committee 
on Transportation and Infrastructure, and in addition to the Committee 
on Financial Services, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To establish the National Infrastructure Bank to provide 
financial assistance for qualified infrastructure projects 
selected by the Bank, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘National Infrastruc-
ture Bank Act of 2011’’. 
SEC. 2. FINDINGS. 
Congress finds that— 
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(1) according to the American Society of Civil 
Engineers— 
(A) the current condition of the infrastruc-
ture of the United States earns a grade point 
average of D and jeopardizes the prosperity and 
quality of life of the citizens of the United 
States; and 
(B) the number of deficient dams has risen 
to more than 4,000, including 1,819 high-haz-
ard potential dams. Over the past six years, for 
every deficient, high-hazard potential dam re-
paired, nearly two more were declared deficient. 
There are more than 85,000 dams in the 
United States, and the average age is just over 
51 years old. An additional investment of 
$12,000,000,000 over 10 years will be needed 
to eliminate the existing backlog of 4,095 defi-
cient dams; 
(2) according to the Federal Transit Adminis-
tration— 
(A) the United States needs to spend 
$15,100,000,000 (25 percent more) annually 
over the next 20 years to maintain the current 
conditions and performance of transit systems, 
and $21,100,000,000 (73 percent) over that 
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same time period more to make substantial im-
provements; and 
(B) the Nation’s public transit agencies 
face an $80,000,000,000 maintenance backlog 
to bring their rail systems to a state of good re-
pair; 
(3) according to the Department of Housing 
and Urban Development— 
(A) there is a critical shortage of afford-
able housing for very low-income individuals 
with nearly 6,000,000 very low income families 
facing ‘‘worst case’’ housing needs, meaning 
that they pay over one-half of their monthly in-
come on rent; and 
(B) there are over 1,200,000 units of pub-
lic housing nationwide, with an accumulated 
capital 
needs 
backlog 
of 
approximately 
$18,000,000,000 to $24,000,000,000, with an 
additional $2,000,000,000 accruing each year; 
(4) according to the Federal Highway Adminis-
tration— 
(A) 33 percent of all urban and rural 
roads in the United States are in poor, medi-
ocre, or fair condition; 
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(B) approximately $131,700,000,000 must 
be expended each year for a period of not less 
than 20 years to improve the conditions of 
those urban and rural roads; 
(C) 24.8 percent of all bridges in the 
United States are— 
(i) structurally deficient; or 
(ii) functionally obsolete; and 
(D) approximately $3,000,000,000 in addi-
tional funds must be expended each year for a 
period of not less than 20 years to eliminate the 
deficiencies of those bridges; 
(5) according to Texas Transportation Insti-
tute, travel has increased 72 percent in big metro re-
gions while road capacity on freeways and major 
streets has grown by only 40 percent; 
(6) according to the Environmental Protection 
Agency— 
(A) $161,000,000,000 must be expended 
during the next 20 years to make necessary re-
pairs, replacements, and upgrades to the ap-
proximately 55,000 community drinking water 
systems of the United States; 
(B) approximately $390,000,000,000 must 
be expended during the next 20 years to elimi-
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