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H.R. 3722: 21st Century Infrastructure Bank Act

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 4, 2021.

21st Century Infrastructure Bank Act

This bill establishes and provides funds for the 21st Century American Infrastructure Bank to support state, local, and tribal infrastructure projects relating to transportation, energy, water, communications, and educational facilities. The Government Accountability Office must evaluate the effectiveness of the bank's financial assistance.