The resolution, introduced by a group of Michigan representatives, urges Congress to support the establishment of a National Infrastructure Bank as outlined in H.R. 5356. This initiative comes in response to the American Society of Civil Engineers' 2021 report, which graded the U.S. infrastructure with a C- and highlighted a significant investment gap of $2.5 trillion. The resolution emphasizes the dire state of Michigan's infrastructure, noting that a substantial portion of the state's roads and bridges are in poor condition, leading to economic losses and safety concerns for residents. Additionally, it addresses the urgent need for capital investment in the Detroit Public Schools Community District and the replacement of lead water service lines, which pose health risks to children.

The proposed National Infrastructure Bank would provide a $5 trillion public bank dedicated to financing infrastructure projects without requiring new federal spending or taxes. Modeled after historical banks that contributed to the nation's infrastructure development, this bank aims to generate jobs, alleviate poverty, and improve essential services such as transportation, housing, and water systems. The resolution highlights widespread support for the National Infrastructure Bank across various state legislatures and local municipal bodies, as well as endorsements from numerous national organizations. It concludes by calling for the transmission of this resolution to key government officials, including the President and Michigan's congressional delegation.