VermontVermont resolution would urge Congress to create an infrastructure bank
The proposed resolution would urge Congress to pass a bill for a public bank that could finance projects such as roads, water systems, and affordable housing nationwide.
What it does
The proposed resolution would urge Congress to pass a bill for a public bank that could finance infrastructure projects nationwide.
If adopted, the resolution would direct the Secretary of State to send copies to the governor, the President, and Vermont’s members of Congress.
Argument forThe bank could offer financing for roads, water systems, broadband, and affordable housing without requiring additional federal taxes or deficits.
Argument againstThe proposed bank’s large loans could leave it exposed if infrastructure projects cannot repay, and its wage and purchasing rules could limit project choices.
More detail
The proposed resolution would urge Congress to enact H.R. 5356, which would create a public bank to finance infrastructure projects. The proposed bank would provide financing nationwide for qualifying infrastructure projects, including roads, water systems, broadband, and affordable housing. Congress would need to enact H.R. 5356 for the proposed bank and financing to be established.
If adopted, the resolution would direct Vermont’s Secretary of State to send it to the governor, the President, and Vermont’s congressional delegation. The recipients named are Governor Philip B. Scott, President Donald J. Trump, and Vermont’s congressional delegation. The direction depends on adoption of the resolution.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 29Read first time, treated as a bill, and referred to the Committee on Commerce and Economic DevelopmentIntroduced
Economy & JobsTransportationHousing