(f) LOANS.— 
(1) IN
GENERAL.—The Bank shall provide 
loans, in accordance with this Act, to entities, or 
enter into blended financing credit, for the financ-
ing, development, or operation of infrastructure 
projects. 
(2) LOAN MATURITY.—The maturity of loans 
should match, to the extent possible, the maturity 
periods of anticipated profitability, economic stim-
ulus, and projected useful life of projects financed by 
such loans. 
(3) LOAN LIMIT.—Total loans contracted by the 
Bank shall not exceed $5,000,000,000,000. 
(4) INTEREST CHARGES ON LOANS AND OTHER 
FEES.—The Bank— 
(A) shall charge fixed-rate interest, fees, 
premiums, or discounts based on the risk asso-
ciated with a loan made by the Bank, taking 
into consideration— 
(i) the price of Treasury obligations of 
a similar maturity or 1.6 percent per 
annum, whichever is greater; 
(ii) the credit rating of the borrowing 
entity if expressly published, or an assess-
ment of the overall finances of the bor-
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rowing entity indicating an ability to serv-
ice the loan; 
(iii) current and expected future eco-
nomic conditions, including expected im-
provements in the economy and the bor-
rowing entity’s finances resulting from the 
Bank’s overall lending operations; and 
(iv) whether or not the borrowing en-
tity qualifies as a disadvantaged commu-
nity, and an interest rate subsidy, subject 
to availability of funds; 
(B) may, in connection with a loan ex-
tended by the Bank, issue guarantees, insur-
ance, coinsurance, and reinsurance to borrowing 
entities, insurance companies, financial institu-
tions, or others, or groups thereof, and charge 
fees based on a similar risk analysis; and 
(C) may charge for the review of any 
project proposal in such amount as may be ap-
proved by the Board to cover the costs of such 
review. 
(5) REFINANCING.—Subject to a full audit of 
the project and borrower, and subject to Board re-
view, the Bank may extend the time limit for repay-
ment of a loan, through renewal, substitution of new 
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obligations, or otherwise, with the maximum time for 
such renewal to be approved by the Board. The 
Bank may make such further loans as necessary for 
project completion, or to assure loan repayment. 
(6) LIMITATIONS ON LOANS.—The Bank may 
not— 
(A) provide loans to consumers or provide 
any other loans not described under this Act; or 
(B) engage in investment banking activi-
ties such as underwriting securities or trust 
management for customers. 
(g) CAPITAL
FOR LOAN DISBURSEMENTS.—Once 
chartered as a deposit-taking bank, the Bank is authorized 
to create funds in a deposit account in a borrowers name, 
in accordance with the loan agreement, as each scheduled 
loan disbursement as it is made. The Bank shall draw up 
an Aggregate Loan Disbursement Plan, for the informa-
tion of the Comptroller of the Currency and the Board 
of Governors of the Federal Reserve System. 
(h) NET EARNINGS.—After meeting current obliga-
tions, the Bank is authorized to use its earnings, and all 
moneys which have been or may hereafter be allocated to 
or borrowed by it, in the exercise of its functions. From 
those monies, the Bank shall set aside loan loss provisions 
equal to a proportion of loan book value, as determined 
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appropriate by the Board. Net earnings of the Bank, after 
setting aside loan loss provisions and estimated forward 
cash flow needs, shall be used for the payment of dividends 
to the United States Treasury, in an annual amount to 
be determined by the Board. Any residual net earnings 
shall be deposited into a Trust Fund to subsidize loans 
for disadvantaged communities that are not able to repay 
infrastructure loans on normal loan terms, in a manner 
to be determined by the Board. Any direct Federal con-
tributions from the budget for the purpose of subsidizing 
disadvantaged communities may also be added and uti-
lized via the Trust Fund. 
(i) GUARANTEES AND LOAN LOSS PROVISIONS.—In 
the event of any losses, as determined by the Board, in-
curred on loans, guarantees, and insurance extended 
under this Act, they shall be borne by the Bank out of 
its loan loss provisions. Any losses in excess thereof shall 
be borne by the Secretary of the Treasury. That excess 
shall be considered a contingent obligation backed by the 
full faith and credit of the Government of the United 
States of America. 
(j) RESERVES.—The Bank shall maintain reserves 
against the Bank’s transaction accounts in such amount 
as the Board may determine appropriate, but not greater 
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than 14 percent of the Bank’s total transaction accounts 
in excess of $25,000,000. 
(k) BRANCHES.—The Bank shall establish an office 
of lending and deposit in each city that has a Federal re-
serve bank, via the internet, and in any other location 
where the Board determines it appropriate. 
SEC. 204. FORMATION OF REGIONAL ECONOMIC ACCEL-
ERATOR PLANNING GROUPS. 
(a) IN GENERAL.—The Bank, through its branch of-
fices, shall facilitate the organization of at least 7 Regional 
Economic Accelerator Planning Groups, to be defined by 
common economic, demographic, and infrastructure link-
ages. 
(b) DUTIES.—The Regional Economic Accelerator 
Planning Groups may— 
(1) organize themselves by, and be composed of, 
State and local public sector officials, including 
through multijurisdictional or multistate agreements 
among agencies; 
(2) identify economic mega-regions, defined as 
hub cities, related towns and suburbs, manufac-
turing production corridors, and rural areas woven 
together into the communities where people of the 
United States live, work, and provide goods or serv-
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