LEGISLATIVE GENERAL COUNSEL H.R. 4
6 Approved for Filing: T. Moore 6
6 01-25-24 12:59 PM 6
1 RESOLUTION SUPPORTING THE NATIONAL
2 INFRASTRUCTURE BANK BILL H.R.4052
3 2024 GENERAL SESSION
4 STATE OF UTAH
5 Chief Sponsor: Gay Lynn Bennion
6
7 LONG TITLE
8 General Description:
9 This resolution urges the United States Congress to pass H.R. 4052 - National
10 Infrastructure Bank Act of 2023 to create a new national infrastructure bank.
11 Highlighted Provisions:
12 This resolution:
13 < urges the United States Congress to pass H.R. 4052 to create a new national
14 infrastructure bank.
15 Special Clauses:
16 None
17
18 Be it resolved by the House of Representatives of the state of Utah:
19 WHEREAS, the American Society of Civil Engineers (ASCE) stated in its 2021 report
20 card that the United States received a grade of C- regarding the current state of infrastructure;
21 WHEREAS, the ASCE stated in its 2021 report card that more than $6 trillion would be
22 needed to restore the nation's infrastructure to a state of good repair;
23 WHEREAS, the ASCE stated in its 2021 report that Utah received a grade of C+
24 regarding the current state of infrastructure, with grades of C in aviation, C+ in dams, D+ in
25 canals, D- in levees, C in wastewater, and C+ in storm water;
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26 WHEREAS, the total drinking water need in Utah is $4.4 billion and the wastewater
27 need is $842 million;
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28 WHEREAS, the four largest water conservancy districts in Utah have identified a need
29 of $33 billion for water infrastructure by 2060;
30 WHEREAS, 42% of Utah roads are in poor or fair condition;
31 WHEREAS, homelessness in Utah increased 10% in 2023, with a 16% increase in the
32 use of temporary and emergency shelters;
33 WHEREAS, the portion of the population representing the lowest area median income
34 is currently facing a shortage of 44,000 housing units;
35 WHEREAS, Utah has continuing large water infrastructure needs in both rural and
36 urban areas, as well as large needs for broadband connectivity;
37 WHEREAS, the United States Congress introduced H.R. 4052, the National
38 Infrastructure Bank Act, to create a new national infrastructure bank;
39 WHEREAS, H.R. 4052 would create a $5 trillion bank authorized to invest in
40 infrastructure projects, complementing the Bipartisan Infrastructure Law of 2021;
41 WHEREAS, a new national infrastructure bank will help finance the infrastructure of
42 Utah, including financing broadband connectivity projects, road and bridge repairs, water
43 infrastructure repairs and upgrades, and new rail lines;
44 WHEREAS, a new national infrastructure bank will create jobs in rural and urban
45 communities and will finance seven million units of affordable housing;
46 WHEREAS, the national infrastructure bank is modeled on previous banks that
47 provided infrastructure under presidents George Washington, James Madison, Abraham
48 Lincoln, and Franklin D. Roosevelt, and the most recent infrastructure bank contributed
49 significantly to the country's recovery from the Great Depression and World War II;
50 WHEREAS, the new national infrastructure bank will create 25 million new jobs, pay
51 family-sustaining wages, and support American producers;
52 WHEREAS, the national infrastructure bank is estimated to grow the economy by 5%;
53 and
54 WHEREAS, 26 state legislatures have introduced resolutions in support of the national
55 infrastructure bank, eight state legislatures have passed resolutions in support of the national
56 infrastructure bank, and dozens of county and city councils have passed resolutions in support
57 of the national infrastructure bank:
58 NOW, THEREFORE, BE IT RESOLVED that the House of Representatives of the
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59 state of Utah urges the United States Congress to pass H.R. 4052 - the National Infrastructure
60 Bank Act of 2023 to create a national infrastructure bank to finance urgently needed
61 infrastructure projects;
62 BE IT FURTHER RESOLVED that copies of this resolution be sent to the governor of
63 the state of Utah and the members of the Utah congressional delegation.
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