The resolution from the 136th General Assembly of Ohio urges the United States Congress to establish a National Infrastructure Bank (NIB) to address the critical state of the nation’s infrastructure, which has been rated a C- by the American Society of Civil Engineers (ASCE). The ASCE's 2021 report indicates that over six trillion dollars is needed to restore infrastructure across the country, with significant funding gaps for both existing and new projects. In Ohio specifically, the state requires substantial investments to upgrade drinking and wastewater systems, address structurally deficient bridges, and improve road conditions, which currently impose financial burdens on drivers and contribute to traffic congestion.

The proposed NIB would be modeled after historical institutions that successfully financed infrastructure projects in the past, requiring no new federal spending or taxes as it would be capitalized by existing U.S. Treasury debt. The resolution highlights the potential economic benefits of a NIB, including job creation, support for minority hiring, and a boost to the gross domestic product. It notes that there is bipartisan support for the initiative, with endorsements from various local and national organizations. The resolution calls for Congress to pass legislation similar to H.R. 5356 from the 119th Congress to create the NIB and directs the Clerk of the Senate to communicate this resolution to relevant parties, including Ohio's congressional delegation and the governor.