Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 2521 (111th)

National Infrastructure Development Bank Act of 2009

referredUnited States· United States Congress· EN

Introduced

20 May 2009

Last action

21 May 2009 · Referred

Status

Referred to the Subcommittee on Commerce, Trade and Consumer Protection.

Sponsors

Rep. DeLauro, Rosa L. [D-CT-3], Rep. Ellison, Keith [D-MN-5], Rep. Israel, Steve [D-NY-3], Rep. Weiner, Anthony D. [D-NY-9], Del. Bordallo, Madeleine Z. [D-GU-At Large], Sen. Hirono, Mazie K. [D-HI], Rep. Delahunt, William D. [D-MA-10], Rep. Sutton, Betty [D-OH-13], Rep. Ryan, Tim [D-OH-13], Sen. Welch, Peter [D-VT], Rep. Woolsey, Lynn C. [D-CA-6], Rep. McGovern, James P. [D-MA-2], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Driehaus, Steve [D-OH-1], Rep. McDermott, Jim [D-WA-7], Rep. Berkley, Shelley [D-NV-1], Rep. Massa, Eric J. J. [D-NY-29], Rep. Courtney, Joe [D-CT-2], Rep. Blumenauer, Earl [D-OR-3], Rep. Frank, Barney [D-MA-4], Rep. Moore, Gwen [D-WI-4], Sen. Van Hollen, Chris [D-MD], Rep. Etheridge, Bob [D-NC-2], Rep. Fattah, Chaka [D-PA-2], Rep. Yarmuth, John A. [D-KY-3], Rep. Larson, John B. [D-CT-1], Rep. Farr, Sam [D-CA-20], Rep. Lynch, Stephen F. [D-MA-8], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Jackson, Jesse L., Jr. [D-IL-2], Sen. Murphy, Christopher [D-CT], Rep. Boccieri, John A. [D-OH-16], Rep. Rush, Bobby L. [D-IL-1], Rep. Miller, Brad [D-NC-13], Rep. Himes, James A. [D-CT-4], Rep. Lee, Barbara [D-CA-12], Rep. Tonko, Paul [D-NY-20], Rep. Jackson Lee, Sheila [D-TX-18], Sen. Schiff, Adam B. [D-CA], Rep. Watt, Melvin L. [D-NC-12], Rep. Chu, Judy [D-CA-28], Rep. Berman, Howard L. [D-CA-28], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Sánchez, Linda T. [D-CA-38], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Braley, Bruce L. [D-IA-1], Rep. Tierney, John F. [D-MA-6], Rep. Conyers, John, Jr. [D-MI-13]

Subjects

Environment, Energy, Transport, Taxation

Source updated

14 August 2025

Environment · Energy · Transport · Taxation

Official sourceDownload fileView documentsShare

Summary

National Infrastructure Development Bank Act of 2009 - Establishes the National Infrastructure Development Bank as a wholly owned government corporation. Makes the Bank's Board of Directors responsible for monitoring and overseeing energy, environmental, telecommunications, and transportation infrastructure projects. Authorizes the Board to: (1) issue public benefit bonds and provide direct subsidies to infrastructure projects; (2) borrow on the global capital market and lend to entities and commercial banks for funding infrastructure projects; and (3) purchase, pool, and sell infrastructure-related loans and securities on such market. Requires the Board to establish criteria for determining project eligibility for financial assistance under this Act. Sets forth the duties of the Bank's executive committee and audit committee. Requires the Bank to establish a risk management committee, which shall: (1) create financial, credit, and operational risk management guidelines for the Bank; (2) set standards to ensure diversification of lending activities by both region and infrastructure project type; and (3) create conforming standards for infrastructure finance securities. Exempts all notes, debentures, bonds or other such obligations issued by the Bank, and the interest on or credits with respect to such bonds or other obligations, from state or local government taxation. Terminates the Bank after 15 years.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 May 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 20 May 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 20 May 2009

    Referred

    Referred to the Subcommittee on Aviation.

    Source: Committee

  4. 20 May 2009

    Introduced

    Referred to House Energy and Commerce

    Source: IntroReferral

  5. 20 May 2009

    Introduced

    Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, and 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.

    Source: IntroReferral

  6. 21 May 2009

    Referred

    Referred to the Subcommittee on Commerce, Trade and Consumer Protection.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House (text)

    Introduced in House · EN · 20 May 2009

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 20 May 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House

    summary · EN · 20 May 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Showing 48 of 63 sponsors and actors.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.